Deals

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

Office
Medical device maker takes 24,000 sq. ft. at Parsippany office campus, C&W says

A medical device maker has leased nearly 24,000 square feet at a Parsippany office campus, in the largest of four transactions announced Monday by Cushman & Wakefield.

Health Care & Education
Bell Works welcomes new two-story, 20,000 sq. ft. Fitness Factory location

A growing fitness chain has opened its doors at the Bell Works campus in Holmdel, bringing a new offering to the property for both tenants and the broader community.

Retail
Martial arts studio inks 1,900 sq. ft. lease at Denville retail center

A martial arts center has taken 1,900 square feet at a Denville shopping center, in a newly announced transaction by Lee & Associates New Jersey.

Industrial
Vacant 15,000 sq. ft. Clifton warehouse trades for $3 million, Newmark Associates says

The longtime owner of a 15,000-square-foot industrial building in Clifton has sold the property for $3 million, in a deal arranged by Newmark Associates CRE LLC.

Retail
Operator of Wildwood restaurant buys building, liquor license after successful first year

A restaurateur has purchased a Wildwood building and its liquor license just over a year after leasing the space to open his new Mediterranean eatery.

Residential & Mixed Use
Gebroe-Hammer: North Brunswick apartments fetch $64 million in first leg of 1031 exchange

The longtime owner of a 253-unit garden apartment complex in North Brunswick has sold the property for nearly $64 million, in a deal arranged by Gebroe-Hammer Associates.

Industrial
Newmark: Fitness equipment maker renews 32,000 sq. ft. lease at Randolph flex park

A fitness equipment maker has renewed its lease at a flex industrial campus in Randolph, where it occupies more than 32,000 square feet at a location just off Route 10.

Residential & Mixed Use
Investor buys value-add, 44-unit Newark rental portfolio for $5.3 million, Kislak says

A local apartment owner has sold a three-building, 44-unit portfolio in Newark for $5.3 million, brokers with The Kislak Co. Inc. announced Thursday.

Residential & Mixed Use
NYC café expands to new Jersey City high-rise built by KRE, Northwestern

An Australian-themed café has opened its first New Jersey location, taking space at the base of Kushner Real Estate Group’s newest luxury apartment tower in Jersey City.

Retail
Sussex County building with retail, apartments changes hands in NAI Hanson-brokered deal

The owner of a DJ and lighting equipment company has purchased a 10,000-square-foot mixed-use building in Sussex County, in a deal arranged by NAI James E. Hanson.