Deals

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

Deals
Weichert, Weiss complete sale of 3,600 sq. ft. Fort Lee synagogue building

The Fort Lee Jewish Community Center has completed the sale of a synagogue property in the borough, according to brokers with Weichert Realty and Weiss Realty.

Residential & Mixed Use
Cervelli: Three-building, 36-unit rental property in Jersey City trades for $4.9 million

A longtime owner has sold a three-building, 36-unit apartment property in Jersey City for $4.9 million, in a newly announced deal by Cervelli Real Estate.

Retail
CBRE touts completion of 60 net-lease deals in 2022 by Mid-Atlantic team

Demand for net-leased investment properties is holding strong in the region, despite climbing interest rates, following a healthy year by a CBRE brokerage team focused on the asset class.

Office
Sanzari, oncology network ink 5,500 sq. ft. lease at Glenpointe

An oncology network has moved to Teaneck after leasing nearly 5,500 square feet at Alfred Sanzari Enterprises’ flagship office campus in the township.

Office
AEP, Valley Health ink 23,000 sq. ft. office lease in Paramus, C&W says

American Equity Partners has signed a deal to bring a new health care tenant to a nearly 120,000-square-foot office building in Paramus, brokers with Cushman & Wakefield said.

Retail
Café, dentist coming to retail space at new Denholtz apartment building in Red Bank

Two new commercial tenants are coming to Denholtz Properties’ recently delivered, ground-up development in Red Bank’s West Side neighborhood, the firm announced Thursday.

Retail
Vantage Commercial: Miracle-Ear leases final space at Cherry Hill retail center

A hearing aid company has taken the last available unit at a Cherry Hill shopping center, in a newly announced transaction by Vantage Commercial.

Residential & Mixed Use
East Orange development site slated for 113 units sells for $4.15 million

A developer has sold a parcel in East Orange with approvals in place to build 113 market-rate apartments, in a newly announced deal by CBRE.

Industrial
Logistics firm leases 253,000 sq. ft. at Gloucester County industrial building

A warehouse and trucking company has taken more than 250,000 square feet of modern industrial space in Gloucester County, brokers with CBRE announced Wednesday.

Residential & Mixed Use
Weiss plans groundbreaking for newly approved, 240-unit rental project in Delran

Weiss Properties has secured local approvals to build 240 new luxury apartments in the Burlington County township of Delran, the firm announced Wednesday.