New Jersey

Brick Township, N.J. ­— Marcus & Millichap has negotiated the sale of Yorktowne Plaza, a 41,219-square-foot retail property located in Brick Township, for $7.3 million. Spanning nearly 6 acres, Yorktowne Plaza features 23 retail suites. Tenants include Domino’s Pizza, Mariner Finance, Crown Fried Chicken, Nova Games and Community Medical Center. The center was constructed in 1965, according to LoopNet Inc. Brent Hyldahl, Alan Cafiero, and Seth Goldberg represented the seller, Ocean County Equities LLC, in the transaction.

Union City, N.J. — Marcus & Millichap has brokered the $7.8 million sale of a 22,000-square-foot retail strip center located at 4700 Bergenline Ave. in Union City. The property is occupied by three tenants, including CVS Pharmacy, a laundromat and a physical therapy office. Alan Cafiero, Brent Hyldahl and Devin Perez of Marcus & Millichap represented the seller in the transaction. Dean Matuszewicz, also of Marcus & Millichap, procured the buyer.

Paterson, N.J. — Marcus & Millichap has brokered the $5.3 million sale of a 12,892-square-foot retail property located at 385 McLean Blvd. in the northern New Jersey community of Paterson. Bank of America and Wingstop anchor the fully leased center, which features a mix of additional tenants including Krauszer’s, Tony’s Bagels, Mina Place and Crispy Beauty. Alan Cafiero, David Cafiero and John Moroz of Marcus & Millichap represented the seller and procured the buyer in the transaction.

Totowa, N.J. — Marcus & Millichap has brokered the sale of a two-tenant retail property located in Totowa for $2.2 million. Built in 1970, the 4,950-square-foot property is fully occupied by Elite Spine & Sports Care of Totowa and Brooklyn Bagels. Alan Cafiero, David Cafiero and John Moroz of Marcus & Millichap represented the seller and procured the buyer, a local investor, in the transaction.

Parsippany, N.J. — Marcus & Millichap has arranged the $18.5 million sale of Baldwin Shopping Center, a 45,135-square-foot retail center located in the Northern New Jersey community of Parsippany, for $18.5 million. Built in 1970 and renovated in 2012, Balwin Shopping Center was fully occupied at the time of sale. Tenants include Walgreens, Concentra, Enterprise Rent-A-Car and State Farm. Alan Cafiero, David Cafiero and John Moroz of Marcus & Millichap represented the seller and procured the buyer in the transaction. Bill Schlossman of Castle Real Estate Services was the listing agent …

Lawrenceville, N.J. — Marcus & Millichap has arranged the $11.4 million sale of Village Square Plaza, a 53,077-square-foot retail center located in Lawrenceville, roughly 40 miles northeast of Philadelphia. First Bank anchors the two-building property, which was 97 percent leased at the time of sale to 15 tenants including Kumon and Eastern Dental. Built in 1990, Village Square Plaza is situated on nearly 8 acres. Alan Cafiero and Brent Hyldahl of Marcus & Millichap represented the seller in the transaction.