Deals

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

Residential & Mixed Use
Two-building, 22-unit apartment portfolio in Paterson fetches $2.9 million, Marcus says

A private investor has purchased a 22-unit apartment portfolio in Paterson for nearly $3 million, in a transaction arranged by Marcus & Millichap.

Retail
Former Giants star Victor Cruz inks lease in Paterson for burger chain franchise store

A burger restaurant led by former New York Giants star Victor Cruz has leased 2,400 square feet in his hometown of Paterson, in a newly announced deal by The Goldstein Group.

Residential & Mixed Use
Reynolds acquires 125-unit rental complex outside Cleveland for first Midwest property

Reynolds Asset Management is expanding to the Midwest with its acquisition of a 125-unit apartment complex outside Cleveland, the Paramus-based real estate firm announced.

Industrial
Dalfen buys new 110,000 sq. ft. warehouse in Somerset, in firm’s first Central Jersey deal

Investment firm Dalfen Industrial has expanded to central New Jersey with its purchase of a nearly 100,000-square-foot warehouse in Franklin’s Somerset section.

Office
Boniakowski completes sale of 35,000 sq. ft. office building in Union Twp.

An investor has purchased a 35,000-square-foot office building in Union Township for $4 million, in a newly announced deal by The Boniakowski Commercial Real Estate Group.

Residential & Mixed Use
Developer plans new housing in Hackensack after five-parcel acquisition, NAI Hanson says

A developer has acquired five parcels near downtown Hackensack with plans to build a new residential project just steps from NJ Transit rail service.

Residential & Mixed Use
Investor buys three-property, 41-unit apartment portfolio in Paterson

A private investor has purchased a 41-unit apartment portfolio in Paterson for more than $5.1 million, in a newly announced deal by RIPCO Real Estate.

Retail
SJP, Sweetgreen ink 2,700 sq. ft. lease for first retail tenant at M Station in Morristown

SJP Properties has secured its first retail tenant for its M Station project in downtown Morristown, inking a lease with fast-casual restaurant chain Sweetgreen.

Residential & Mixed Use
Passaic building with 13 apartments, retail space trades for $4.3 million, Kislak says

A distinctive 13-unit apartment and retail building in Passaic has changed hands for $4.3 million, in a deal arranged by The Kislak Co. Inc.

Retail
Fennelly: Clergy apparel business takes 8,000 sq. ft. for Ewing showroom, warehouse

A business that sells clergy apparel has leased 8,000 square feet in Ewing that will serve as its new showroom and warehouse, in a newly announced deal by Fennelly Associates.