Deals

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

Industrial
Business owner sells 33,000 sq. ft. Tinton Falls industrial building, Zimmel says

The owner of a plumbing and heating supply business has sold a 33,000-square-foot industrial building in Tinton Falls for $5.4 million, brokers with Zimmel Associates announced.

Industrial
Sitar inks sale of 39,000 sq. ft. warehouse, office asset in Wall for Manasquan Bank

Manasquan Bank has sold a nearly 39,000-square-foot warehouse and office building in Wall Township for $7.7 million, according to brokers with Sitar Realty Co.

Health Care & Education
NAI Hanson completes lease to bring primary care practice to Wayne

NAI James E. Hanson has negotiated the lease of 2,521 square feet of medical office space in Wayne, the real estate services firm announced Tuesday.

Residential & Mixed Use
Two-year-old, 214-unit apartment building in Dover trades for $75 million, Berkadia says

An investment group has sold a 214-unit luxury apartment building in Dover for $75 million, marking the second trade of the property since late 2020.

Industrial
Realterm buys low-coverage, 67,000 sq. ft. warehouse site in Bergen County

Investment firm Realterm has purchased a 66,504-square-foot warehouse in the Bergen County borough of Fairview.

Retail
New big-box stores bring Totowa retail center to 97 percent leased, Katz & Associates says

A shopping center along Route 46 in Totowa is nearly full after four recent leases totaling nearly 140,000 square feet, brokers with Katz & Associates announced.

Office
JLL to launch co-working, flex concept in Secaucus, its first ground-up U.S. location

Real estate services firm JLL has picked a Secaucus office building as its first new, ground-up location in the U.S. for a flexible space and co-working concept.

Top News
Dessert maker takes 20,000 sq. ft. at new Denholtz food, beverage facility on Fort Monmouth

Denholtz Properties has lured another user to its new food and beverage hub on Fort Monmouth, where a fast-growing dessert business will now build out a new production facility.

Office
Investor buys 7,000 sq. ft. Chester office building, in NAI Hanson-brokered deal

NAI James E. Hanson has negotiated the sale of a 7,000-square-foot office building in the Morris County borough of Chester, the firm announced.

Industrial
Two-building, 80,000 sq. ft. industrial portfolio in Mountainside trades for $16 million

An investor has sold a two-building, 80,000-square-foot industrial portfolio in Mountainside for $16.2 million, in a newly announced deal by Avison Young.