Deals

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

Industrial
Ridgecut Road adds 5.8-acre industrial service, outdoor storage facility in Lincoln Park

Ridgecut Road has acquired a 5.8-acre industrial service and outdoor storage property in Lincoln Park, expanding its portfolio to a high-demand submarket in Morris County.

Retail
Sanzari fills 4,200 sq. ft. at Hackensack retail center with new liquor store lease

A new wine and liquor store is coming to Alfred Sanzari Enterprises’ Summit Plaza in Hackensack after committing to more than 4,200 square feet at the property.

Retail
Heidenberg-led JV acquires grocery-anchored center at Paramus Park Mall for $38 million

An investment group has acquired a more than 181,000-square-foot retail asset alongside the Paramus Park Mall and near the crossroads of Route 17 and the Garden State Parkway.

Residential & Mixed Use
JLL: Russo, KRE close on Bergen Town Center parcel for 426-unit apartment project

Urban Edge Properties has completed its sale of a parcel at Bergen Town Center in Paramus, paving the way for a new 426-unit multifamily project by Russo Development and KRE Group.

Food & Beverage
Private buyer acquires West Caldwell’s Brook Tap House, KenKap says

A restaurant property in West Caldwell has changed hands for an undisclosed price, in a newly announced transaction by KenKap Realty Corp.

Residential & Mixed Use
Investors trade 24-unit Roselle Park apartment building in deal arranged by Kislak

An investor has sold a 24-unit apartment building in Roselle Park for nearly $4.2 million, according to a brokerage team with The Kislak Co. Inc.

Retail
Cushman touts sales of six bank branches in northern, central N.J. in deals totaling $5.7 million

Six vacant bank branches in New Jersey have changed hands after a series of deals totaling more than $5.7 million, brokers with Cushman & Wakefield announced Friday.

Office
Princeton Junction office building trades for $2.2 million, Sheldon Gross says

A private investor has purchased a 13,000-square-foot office building in West Windsor for $2.19 million, in a newly announced deal by Sheldon Gross Realty.

Office
WCRE: Tenant takes 2,700 sq. ft. at Gloucester County office building

The owner of an office building in Gloucester County has added to its tenant roster with a new lease for more than 2,700 square feet, brokers with Wolf Commercial Real Estate said.

Residential & Mixed Use
Investors acquire nearly complete, 829-unit rental complex in Jersey City’s ‘SoHo West’

A high-profile investment group has acquired a three-phase, 829-unit luxury apartment complex in Jersey City that’s nearing full completion after more than five years of construction.