Deals

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

Residential & Mixed Use
Invel Capital buys 70-unit West Orange rental building in $41 million deal by JLL

A joint venture led by Invel Capital has acquired a 70-unit luxury apartment building in West Orange for nearly $41 million, in a transaction arranged and financed by JLL.

Industrial
RRNNJ inks two leases totaling 173,000 sq. ft. to bolster East Hanover industrial park

Saxum Real Estate has filled more than 173,000 square feet with two new leases at an East Hanover industrial park, brokers with Resource Realty of Northern New Jersey said Thursday.

Residential & Mixed Use
Sage: 32-unit Dumont apartment complex trades after 65 years of original ownership

The developer of a 32-unit garden apartment complex in Dumont has sold the property after 65 years, according to a listing team with Sage Investment Real Estate Advisors.

Retail
Doren Development acquires Fulton Bank branch in Cherry Hill retail corridor

Doren Development has expanded its footprint in southern New Jersey with the addition of a Fulton Bank branch in Cherry Hill, the firm announced this week.

Top News
Hackensack office site sold as part of planned affordable housing project, NAI Hanson says

An affordable housing agency has added to a development site in Hackensack with its purchase of a downtown office property, according to a brokerage team with NAI James E. Hanson.

Retail
Deluccia: Billiards, social lounge leases 5,700 sq. ft. on Bound Brook thoroughfare

A new billiards and social lounge concept has taken 5,700 square feet along a key commercial corridor in Bound Brook, in a newly announced deal by Deluccia Commercial Group.

Industrial
Wharton buys 91,000 sq. ft. small-bay portfolio in southeast Pennsylvania

Wharton Industrial has added to its holdings in the region, acquiring more than 91,000 square feet of small-bay industrial space in Pennsylvania under a newly announced joint venture.

Retail
Goldstein Group: Car wash, lube business backfills 11,700 sq. ft. in South Brunswick

A new car wash and maintenance business is opening in South Brunswick, leasing nearly 11,700 square feet under a set of deals arranged by The Goldstein Group.

Health Care
Pediatric dental group takes 2,400 sq. ft. in North Bergen medical office deal, NAI Hanson says

A pediatric dental practice is expanding in New Jersey after securing more than 2,400 square feet in North Bergen, in a newly announced deal by NAI James E. Hanson.

Retail
Larken, Jersey Mike’s ink 1,900 sq. ft. lease at Warren County shopping center

Larken Associates has signed a lease with Jersey Mike’s Subs to bring another national retailer to a grocery-anchored commercial property in central Warren County.