The popular convenience store chain signed a brand new 20-year ground lease with five-year options to extend the 5,496-square-foot store, located at 26 Route 206.

The deal not only allowed the seller to save more than $100,000 a year in real estate and operating costs, but also provided capital needed to make strategic improvements at the remaining two buildings in its portfolio.

Sheldon Gross Realty brokered the deal on the  66,500-square-foot Monmouth County location.

Bergen Oral & Maxillofacial Surgery signed a new 15-year agreement while Garfunkel Wild PC relocated and expanded its office space for an additional 10 years.

Despite reopening efforts and higher vaccination rates prompting economic conditions in New Jersey to improve, the state's office market saw 1.3 million square feet in transactions in the third quarter, after a promising 3 million square feet of volume in the prior four months.

The 89,960-square-foot property has much to offer in the state's recovering office market. In addition to providing an alternative to the New York City area, it has efficient, flexible floor plates and a wide range of on-site amenities.

The company's third-party construction management platform will execute a custom interior build-out to accommodate the tenant’s workforce, including the creation of private offices, executive offices with views of the redeveloped campus, collaborative spaces for employees, custom glass office fronts, as well as the installation of modern LED linear light fixtures.

The North Jersey property offers a series of risk-balanced, value-added investing opportunities with its superior location in the Meadowlands region.

With one location already in Millburn, the  Monmouth County outpost will house 12 employees in the borough’s “Arts and Antique District.”

The twin, 45-story waterfront buildings unveiled new five-star features in conjunction with the opening of the property's second, 452-home tower at the eastern end of Liberty Harbor North.

According to NAI James E. Hanson, which negotiated the sale, with this purchase the REIT's North Jersey and New York City-area portfolio now includes 63 buildings and 3.57 million square feet.

The 105,000-square-foot Hammonton asset was initially an office building, but the current shortage of industrial space - in addition to the lead-time to build new capacity - offered the opportunity for conversion in this demanding market.