Deals

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

Residential & Mixed Use
Eight-unit Manville apartment building trades for $1.3 million, Deluccia says

A private investor has acquired an eight-unit apartment building in Manville for $1.3 million, according to a brokerage team with Deluccia Commercial Group.

Retail
Investors trade Pennington retail center in $3.9 million deal by Marcus & Millichap

A private investor has sold more than 18,000 square feet of retail space in Mercer County for $3.925 million, brokers with Marcus & Millichap announced Monday.

Retail
Deluccia: Bound Brook’s Efinger Plaza fully leased after deals with food lab, fitness concept

A prominent retail and office property in Bound Brook is now fully occupied after two recent leases at the complex, according to a brokerage team with Deluccia Commercial Group.

Office
Deluccia: Nonprofit finds new home with 7,000 sq. ft. Green Brook office lease

A nonprofit has taken nearly 7,000 square feet at a Green Brook office building, according to a brokerage team with Deluccia Commercial Group.

Office
Tech firms drive 20,000 sq. ft. in leasing at two Edison office properties, NAIDB says

A technology services firm has a new home after leasing nearly 3,000 square feet at an Edison office building, in one of several recent deals in the township by NAI DiLeo-Bram & Co.

Technology
Russo inks 250,000 sq. ft. lease to fill established data center in Carlstadt, Cresa says

Russo Development has secured a new tenant for a nearly 250,000-square-foot data center property in Carlstadt, according to a brokerage team with Cresa.

Industrial
Marcus: Investors buy fully approved site for 1,200-unit self-storage project in Ridgefield

An investment group has acquired a Bergen County development site with approvals in place for more than 1,200 new self-storage units, in a deal arranged by Marcus & Millichap.

Retail
Catalyst: Restaurant Depot takes 91,000 sq. ft., backfills big box for new Paramus location

A new Restaurant Depot is coming to Paramus after leasing more than 91,000 square feet off Route 17, in a deal arranged by Catalyst Real Estate Partners.

Industrial
Solar infrastructure firm buys 8,300 sq. ft. facility in Atlantic County, WCRE says

A solar panel infrastructure company has acquired a more than 8,300-square-foot flex industrial building in Atlantic County, in a newly announced deal by Wolf Commercial Real Estate.

Finance & Capital Markets
S3 Capital closes $49 million construction loan for new townhomes, apartments in Allenhurst

A developer has scored a $49 million construction loan to build a combined 51 luxury townhomes and affordable rental units in the Monmouth County borough of Allenhurst.