Retail
CBRE: Weight loss service inks 2,000 sq. ft. retail lease in Bound Brook

A weight loss service is among the newest tenants at a Somerset County shopping center, under a 2,000-square-foot lease announced Tuesday by CBRE.

Retail
Jeffery: Urgent care chain takes 2,700 sq. ft. in Bound Brook, its second N.J. location

An urgent care chain has taken its second location in New Jersey with a newly announced, 2,720-square-foot lease in Bound Brook.

Current Issue
Capodagli is adding to its fast-growing portfolio with new residential, hospitality projects

With nearly 1,000 apartments under construction and some 2,000 more in its pipeline, Capodagli Property Co. is preparing for the next phase of its growth by launching a new hospitality platform that will bring cafés and restaurants to its future developments.

Finance & Capital Markets
HFF brokers $19 million refi for Somerset County retail center

Advance Realty has refinanced a grocery-anchored, 104,331-square-foot retail center in Bound Brook with a $19 million loan arranged by HFF.

Residential & Mixed Use
Developer set to break ground on 63 units in downtown Bound Brook

A developer is preparing to begin construction on a new 63-unit apartment building in downtown Bound Brook, the first of three phases that are part of the borough’s growing pipeline.

Industrial
Upgrades coming to Somerset flex park after $9.2 million refi

Denholtz Associates has secured a $9.2 million loan to refinance and upgrade an 11-building, 264,000-square-foot flex industrial portfolio in Somerset County, the firm said Thursday.

Retail
Somerset County retail center sells for $3.1 million, Marcus & Millichap says

A developer has sold an 8,400-square-foot retail center in Bound Brook for more than $3 million, in a deal brokered by Marcus & Millichap’s New Jersey office.

Residential & Mixed Use
Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

Industrial
Denholtz: Marble company renews flex space in Somerset County

Denholtz Associates has inked a lease renewal with a marble supplier for more than 50,000 square feet at a flex-industrial park in Bridgewater and Bound Brook, the firm announced.