Deals

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

Retail
JLL inks sale of vacant Sears property, occupied pad sites on Long Island

A developer has purchased the site of a vacant Sears and two fully occupied pad sites on Long Island, in a deal arranged by JLL’s Morristown-based capital markets team.

Health Care & Education
NAI Hanson inks renewal, new lease at Clara Maass medical office portfolio in Belleville

The owner of three medical office buildings at Belleville’s Clara Maass Medical Center has completed two new leases within the portfolio, brokers with NAI James E. Hanson announced.

Residential & Mixed Use
Cervelli closes sale of 16-unit North Bergen apartment building to 1031 investor

An investor has purchased a 16-unit apartment building in North Bergen for nearly $2.6 million, in a deal arranged by Cervelli Real Estate and Property Management.

Health Care & Education
Urgent care clinic takes 3,500 sq. ft. in Englewood for newest Bergen County location

A chain of urgent care clinics has found a new location in Englewood as part of an ongoing expansion in Bergen County, according to a brokerage team with NAI James E. Hanson.

Office
Nonprofit expands with new 1,900 sq. ft. lease in downtown Newark, Blau & Berg says

A nonprofit that supports minority entrepreneurs has leased nearly 2,000 square feet of office space in downtown Newark, in a newly announced deal by The Blau & Berg Co.

Retail
Azarian: Smoothie, juice bar takes final space at Fairfield shopping center

A shopping center in Fairfield is fully leased after a new 1,500-square-foot commitment by a smoothie and juice bar, under a deal arranged by Azarian Realty Co.

Industrial
Seagis completes new 8,700 sq. ft. lease at Carteret industrial building, BRC says

Seagis Property Group has secured a new tenant after leasing nearly 8,700 square feet at a Carteret industrial building, brokers with Bussel Realty Corp. announced this week.

Office
Onyx, NJ Transit ink 407,000 sq. ft. lease at Newark’s Gateway, boosting Q2 office market

Onyx Equities has completed a deal to bring NJ Transit to Newark’s Gateway complex, where the agency has committed to more than 400,000 square feet under a high-profile office lease.

Residential & Mixed Use
Middlesex County apartment portfolio trades for $9.7 million, Gebroe-Hammer says

A growing multifamily owner has added to its holdings with three properties in Middlesex County, acquiring the 53-unit portfolio for nearly $10 million.

Residential & Mixed Use
Jersey City parcel slated for apartments, townhomes after $6 million sale by CBRE

A developer has acquired a parcel in Jersey City’s waterfront Paulus Hook neighborhood for $5.9 million, in one of two newly announced deals by CBRE.