Deals

Keep up with all of the major leases, investment sales and financing activity in New Jersey.

Residential & Mixed Use
P3 buys 147-unit Passaic rental property in $49 million deal with Birch Group, C&W says

P3 Properties has made a major acquisition in Passaic, adding a 147-unit multifamily property with further development potential in a deal arranged by Cushman & Wakefield.

Retail
CBRE: Hoboken retail property, would-be development site, trades for $8.2 million

A developer is eyeing plans for a new mixed-use project in Hoboken after acquiring a downtown retail property for more than $8 million, brokers with CBRE announced Monday.

Retail
Columbia Bank debuts in Rutherford with 2,300 sq. ft. lease arranged by Goldstein Group

Columbia Bank has opened a new branch in downtown Rutherford, where it occupies some 2,300 square feet that it secured with the help of The Goldstein Group.

Industrial
NAI Hanson brokers sale of 153,000 sq. ft. shallow-bay portfolio in Westchester County

An investment firm has purchased more than 153,000 square feet of shallow-bay industrial space in New York’s Westchester County, in a deal arranged by NAI James E. Hanson.

Industrial
Boniakowski: Construction, landscape equipment firm buys Hillsborough site for $3.2 million

A construction and landscape equipment company has purchased an 8,000-square-foot industrial building on six acres in Hillsborough, in a newly announced deal by The Boniakowski Commercial Real Estate Group.

Office
Deluccia: Accounting, advisory firm leases 2,100 sq. ft. at Warren office building

A full-service accounting firm has taken 2,100 square feet at a Somerset County office building, in a newly announced deal by Deluccia Commercia Group.

Residential & Mixed Use
Hoboken building with apartments, retail space fetches $3.5 million, Marcus says

A private investor has purchased a nearly 3,600-square-foot residential and retail building in Hoboken for $3.47 million, in a newly announced deal by Marcus & Millichap

Health Care
Deluccia: Hillsborough medical office condo trades for $300,000

A health care practice has sold a 2,500-square-foot medical office condominium in Hillsborough for $300,000, in a newly announced deal by Deluccia Commercial Group.

Residential & Mixed Use
Woodcliff Lake building with 14 apartments, five retail spaces fetches $8.8 million, Kislak says

A private investor has acquired 14 apartments and five retail units in Woodcliff Lake as part of a nearly $8.8 million deal announced Wednesday by The Kislak Co. Inc.

Retail
AY: Philly-based City Fitness enters Hoboken, leasing 64,000 sq. ft. across two locations

A fitness and wellness brand has found its first two New Jersey locations with a set of newly completed leases in Hoboken, according to a brokerage team with Avison Young.