Deals

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

Industrial
Seagis adds two-building, 19,000 sq. ft. Moonachie industrial portfolio

Seagis Property Group LP has acquired two vacant industrial buildings in Moonachie, adding more than 19,000 square feet to its portfolio in the Meadowlands submarket.

Industrial
C&W: South Plainfield industrial condo trades for $4.6 million

An investor has purchased a nearly 30,000-square-foot industrial condominium in South Plainfield for $4.55 million, in a newly announced deal by Cushman & Wakefield.

Residential & Mixed Use
Developer inks $88 million sale of 242-unit rental property under construction in Carteret

Forte Real Estate Development has sold a nearly completed, 242-unit luxury apartment building in Carteret for $87.5 million, borough officials announced last week.

Industrial
Investor buys 74,000 sq. ft. Totowa flex, industrial property for $7.6 million

Marcus & Millichap has negotiated the sale of a nearly 74,000-square-foot flex industrial property in Totowa for $7.6 million.

Office
Law firm focused on private CRE lending buys Marlboro building for new headquarters

A law firm is moving its Monmouth County headquarters after acquiring a 20,000-square-foot office building in Marlboro.

Retail
Route 18 retail property in East Brunswick fetches $14 million, Marcus says

A private investor has purchased a nearly 58,000-square-foot shopping center in East Brunswick for $14 million, brokers with Marcus & Millichap announced Thursday.

Residential & Mixed Use
Kislak inks sale of 68-unit Essex County apartment portfolio for $8 million

A third-generation apartment owner has sold a two-property, 68-unit portfolio in Essex County for $8 million, in a deal arranged by The Kislak Co. Inc.

Retail
Planet Fitness takes 19,000 sq. ft in Weehawken sublease, Jeffery Realty says

Planet Fitness is taking more than 19,000 square feet for a new location in Weehawken, in one of several newly announced deals by Jeffery Realty.

Industrial
Diversified touts two new leases in Montville, bringing industrial park to full occupancy

Diversified Properties has brought the five-building Mars Industrial Park in Montville to full occupancy after two recent leases totaling nearly 14,000 square feet.

Office
NAI Hanson negotiates sale of office, retail portfolio in Bergenfield

NAI James E. Hanson has negotiated the sale of a nearly 31,000-square-foot mixed-use portfolio of commercial properties in Bergenfield.