Retail
Debt fund sells 62,000 sq. ft. retail portfolio, land parcel in Voorhees for $13 million

A debt fund has sold three retail properties and an undeveloped land parcel in Voorhees for a combined $13 million, in a newly announced deal by CBRE.

Residential & Mixed Use
Developer buys Gold Coast multifamily tract as part of ongoing NRIA liquidation, CBRE says

Another multifamily development site in Hudson County has changed hands in connection with the bankruptcy of a Secaucus-based real estate firm, brokers with CBRE said Thursday.

Retail
Urban Edge inks 2,300 sq. ft. lease to bring Dave’s Hot Chicken to Kearny

Dave’s Hot Chicken has picked Kearny for its second New Jersey location after agreeing to a lease with Urban Edge Properties.

Office
Fashion company Sparc Group renews, expands to 93,000 sq. ft. at Lyndhurst office building

The owner of Brooks Brothers, Reebok and other fashion brands has expanded its footprint in Lyndhurst, where it now occupies more than 90,000 square feet of office space.

Professional Services
CBRE adds retail specialists Munley, Behr to capital markets team

Veteran brokers Chris Munley and Colin Behr have joined CBRE to focus on sales of open-air, multitenant retail properties throughout the Mid-Atlantic and Northeast regions.

Office
GTL Construction unveils lobby renovations at New Brunswick office building

GTL Construction has announced the completion of an 8,400-square-foot lobby renovation in downtown New Brunswick.

Residential & Mixed Use
CBRE: First piece of NRIA portfolio trades as Hoboken development site fetches $8.5 million

A private investor has acquired a multifamily development site in Hoboken, marking the first trade involving the portfolio of the disgraced firm National Realty Investment Advisors LLC.

Industrial
Endurance, PCCP sell 342,000 sq. ft. light industrial portfolio in Burlington, Gloucester counties

A joint venture has sold more than 340,000 square feet of industrial space in Delran and Swedesboro after having acquired the buildings at the start of the COVID-19 crisis.

Retail
Macy’s to bring new small-format stores to grocery-anchored centers in Mount Laurel, Ramsey

Macy’s is bringing its highly touted small-format stores to Mount Laurel and Ramsey, marking two of the first New Jersey locations for the concept under a recently announced expansion.

Retail
How growth-hungry franchises have become a driving force for CBRE’s AmecAngelo team

The AmecAngelo team has filled its pipeline in recent years with national assignments for Paris Baguette and other fast-growing chains, displaying a broad reach from their office in East Brunswick. The brokers have closed more than 100 deals this year alone on behalf of clients they represent throughout the U.S. and in preferred markets, while they expect that momentum to continue amid sustained demand for food-, fitness- and service-based retail.