Deals

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

Residential & Mixed Use
Developer sells 34-unit Bound Brook rental building for $10.8 million, Veerman says

A developer has sold a three-year-old, 34-unit apartment building in Bound Brook for nearly $11 million, in a deal arranged by Veerman Asset Management.

Industrial
Urban Edge leases 286,000 sq. ft. at East Hanover industrial park

Urban Edge Properties has leased more than 286,000 square feet of industrial space in East Hanover after securing new long-term commitments from two tenants.

Retail
JLL: Middle Eastern-themed quick-service eatery takes 3,000 sq. ft. in Jersey City

A quick-service Middle Eastern restaurant is coming to Jersey City after leasing 3,000 square feet at the base of a waterfront office building, according to a broker with JLL.

Industrial
Link, GXO Logistics ink 611,000 sq. ft. industrial lease in South Brunswick

A logistics firm has leased 611,000 square feet at a soon-to-be-updated industrial building in South Brunswick, in a newly announced deal by Lee & Associates New Jersey.

Retail
New York investor buys 10,000 sq. ft. Short Hills strip center, Marcus says

A private investor has purchased a strip center in the Short Hills section of Millburn for $7 million, according to brokers with Marcus & Millichap.

Office
Sanzari adds business law firm to Court Plaza with new 5,900 sq. ft. lease

A business law firm has leased more than 5,900 sq. ft. at Court Plaza, Alfred Sanzari Enterprises’ three-building office complex in downtown Hackensack.

Office
AEP sells renovated 121,000 sq. ft. office building in Warren, in C&W-brokered deal

American Equity Partners has sold a nearly 121,000-square-foot office building in Warren, following its 2016 purchase and subsequent upgrade of the property off Interstate 78.

Industrial
Marcus Partners acquires 89,000 sq. ft. Piscataway industrial building

Marcus Partners has added nearly 90,000 square feet to its New Jersey industrial portfolio with its purchase of a newly renovated property in Piscataway.

Health Care & Education
Azarian touts new health care leases at North Brunswick, Woodbridge shopping centers

A new physical therapy practice has leased nearly 1,200 square feet at The Shoppes at North Brunswick, in one of two newly announced deals by Azarian Realty Co.

Residential & Mixed Use
Kislak: Bayonne development site approved for 197 rentals fetches $10 million

A developer has sold a series of parcels in Bayonne where city officials have approved plans for nearly 200 new apartments, in a deal arranged by The Kislak Co. Inc.