Deals

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

Deals
Family-owned commercial buildings, seven-bedroom home sold in South Jersey

Vantage Commercial has brokered the sale of two commercial properties and a single-family home in southern New Jersey, working on behalf of a family estate.

Industrial
Longpoint, glass distributor ink 29,000 sq. ft. industrial deal in Clifton, Lee & Associates says

A commercial glass distributor has leased 29,000 square feet of warehouse space in Clifton, in a newly announced deal by Lee & Associates New Jersey.

Retail
Sanzari inks lease to bring global fitness franchise to Hackensack

A global fitness concept is coming to Hackensack after leasing space at Summit Plaza, an 88,000-square-foot retail complex owned by Alfred Sanzari Enterprises.

Office
AT&T leases 230,000 sq. ft. in Bedminster, plans move from iconic office campus

AT&T has signed a new lease at a 230,000-square-foot office property in Bedminster, reportedly with plans to relocate employees from its massive campus in township.

Office
Saxum sells repositioned Montclair office building for $4.4 million

Saxum Real Estate has sold a boutique office building in downtown Montclair for $4.4 million, in a recently completed deal by Marcus & Millichap.

Industrial
Servpro franchise renews for 8,400 sq. ft. in Mountainside, NAI Hanson says

NAI James E. Hanson has negotiated a renewal for 8,350 square feet of industrial space in Mountainside, the home of a local Servpro franchise.

Residential & Mixed Use
Albanese closes $70 million land deal in Jersey City, eyes 670-unit apartment tower

A developer has acquired nearly two acres in Jersey City with plans to build 670 luxury apartments on the property, in a recently completed deal by Grid Real Estate.

Retail
Lighting business takes 7,000 sq. ft. for new Paramus location, Goldstein Group says

A well-known lighting business has found a new home in Paramus after leasing more than 7,000 square feet on Route 4, brokers with The Goldstein Group announced Monday.

Industrial
Samsung takes 735,000 sq. ft. in Linden, as N.J. industrial rents continue surge in Q3

Industrial rents in northern and central New Jersey continued to soar in the third quarter, amid ongoing demand for relatively few spaces and locations near the New Jersey Turnpike, fueling deals such as Samsung’s lease for more than 735,000 square feet in Linden.

Retail
Vietnamese restaurant inks lease at ex-Panera site in Delran, Vantage Commercial says

A new restaurant is coming to a former Panera space at a Burlington County shopping center, under a deal arranged by Vantage Commercial.