Franklin Park, N.J. — Marcus & Millichap has arranged the sale of Somerset Plaza Shopping Center, a retail property located in Franklin Park.
Maplewood, N.J. — Marcus & Millichap has arranged the $5.8 million sale of a 5,600-square-foot property net-leased to Wawa in Maplewood.
Metuchen, N.J. and Hewlett, N.Y. — Regency Centers Corp. has acquired two retail centers located in New Jersey and New York.
East Brunswick, N.J. — Prestige Properties and Development has purchased a grocery-anchored retail center in East Brunswick for $25.4 million.
South Plainfield, N.J. — ShopOne Centers REIT has acquired Oak Park Commons in South Plainfield.
Galloway, N.J. — Cushman & Wakefield has secured $6.5 million in financing for Smithville Square, 107,000-square-foot retail center located in downtown Galloway.
Paramus, N.J. — HFF has arranged $663 million in financing for 15 retail properties and one industrial property located throughout New York and New Jersey.
Mount Laurel, N.J. — Prestige Properties has acquired Centerton Square, a 700,000-square-foot regional shopping center located in Mount Laurel, for $130 million.
Sayreville, N.J. — A joint venture between North American Properties (NAP) and PGIM Real Estate is set to break ground on Riverton, a $2.5 billion, 418-acre, mixed-use development located roughly 33 miles south of Manhattan along the Raritan River in Sayreville.
Toms River, N.J. — HFF has arranged a $17.4 million loan for the acquisition of Commons at Hooper, a 120,349-square-foot shopping center in the coastal New Jersey community of Toms River.