Deals

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

Deals
Tenafly development site trades for $2.4 million, Marcus & Millichap says

A private investor has purchased a roughly one-acre development site in Tenafly for $2.43 million, in a newly announced deal by Marcus & Millichap.

Retail
Urban Edge inks 17,000 sq. ft. lease, bringing new UFC Fitness concept to Woodbridge

A new UFC Fitness concept has taken nearly 17,000 square feet at a Woodbridge shopping center, under a newly announced lease with Urban Edge Properties.

Industrial
Sitex adds properties in Edison, Rutherford amid continued thirst for deals in 2023

Sitex Group has added to its New Jersey industrial portfolio in 2023, completing more than $250 million in new transactions in some of the state’s most in-demand submarkets.

Health Care & Education
Plastic surgery practice buys 11,000 sq. ft. East Hanover retail building

A plastic surgery practice is slated to open a new facility in East Hanover after its recent purchase of an 11,000-square-foot retail building in the township.

Retail
Investor buys 12,000 sq. ft. residential, commercial portfolio in Chester

An investor has purchased a combined 11,900 square feet of residential and commercial space in the Morris County borough of Chester, brokers with NAI James E. Hanson announced.

Office
Lee & Associates: Home care provider leases 1,800 sq. ft. in Newark

An in-home care provider has taken some 1,800 square feet of office space in Newark, in a newly announced deal by Lee & Associates New Jersey.

Retail
New restaurant coming to micro-apartment building in downtown Newark, Blau & Berg says

A restaurant is coming to the base of a newly updated residential building in downtown Newark, under a lease arranged by brokers with The Blau & Berg Co.

Health Care & Education
Fennelly: Family owners sell medical office portfolio in Hamilton for $11 million

The longtime owners of two medical office properties in Hamilton have sold the portfolio for a combined $11.1 million, according to a brokerage team with Fennelly Associates.

Office
Investor buys 3,500 sq. ft. Totowa office building from Sheetmetal Contractors

An investor has acquired a 3,500-square-foot office building in Totowa, in a newly announced deal by Zoltek Commercial Real Estate Services.

Residential & Mixed Use
Kislak inks sale of Orange County apartment complex, development site for $3.5 million

A local owner has purchased a 20-unit apartment complex and an adjacent development site in New York’s Orange County, in a newly announced deal by The Kislak Co. Inc.