Retail
R.J. Brunelli inks 11,600 sq. ft. Dollar Tree lease in Parsippany among latest deals

Dollar Tree has leased nearly 12,000 square feet at a Route 46 retail center in Parsippany, in the largest of six newly announced transactions by R.J. Brunelli & Co. LLC.

People
Wassel, Flanagan named principals with Saxum

Saxum Real Estate has named two new principals as the company continues to expand its team and its geographic footprint.

Retail
Diversified signs two new retail leases at mixed-use Summit building

Two additional retailers are coming to a mixed-use building in Summit, bringing the property’s ground-floor commercial space to full occupancy.

People
Saxum adds to legal, construction and leasing teams with newest hires

Saxum Real Estate has announced four new hires aimed at bolstering its legal, project management and leasing teams.

Residential & Mixed Use
Newly built Summit townhomes trade for $625,000 per unit, Kislak says

An investor has acquired 10 newly built townhomes in Summit for nearly $6.3 million, according to a brokerage team with The Kislak Co. Inc.

Office
Marcus: Redeveloped boutique office building in Summit trades for $12.6 million.

An investor has acquired a boutique office building in downtown Summit for more than $12.5 million, in a newly announced transaction by Marcus & Millichap.

Health Care & Education
Construction firm touts new assisted living projects in Central Jersey, Long Island

A construction firm is marking the completion of two assisted living facilities in the region, including a 114-bed property in Union County.

People
Saxum adds director of capital markets among three newest hires

Saxum Real Estate made three additional hires as it continues to scale its business, having doubled the size of its team since the start of the pandemic.

Finance & Capital Markets
Cronheim: Apartment owner lands $10 million loan for Union, Essex portfolio

The owner of a 129-unit apartment portfolio in Union and Essex counties has landed more than $10 million in financing, in a newly completed transaction by Cronheim Mortgage.

Finance & Capital Markets
Saxum lands $47 million loan for Philadelphia rental project, JLL says

Saxum Real Estate has secured nearly $47 million in financing for a 297-unit multifamily project in Philadelphia, according to a Morristown-based debt placement team with JLL.