Deals

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

Industrial
Uniform maker buys 207,000 sq. ft. Hillside industrial building for $30 million, Zimmel says

A uniform company has purchased a 207,000-square-foot industrial building in Hillside for $30 million, in a newly announced deal by Zimmel Associates.

Office
Marcus: Saxum inks $10.7 million sale of 24,000 sq. ft. Red Bank office building

A private investor has acquired a nearly 25,000-square-foot office property in downtown Red Bank for $10.7 million, brokers with Marcus & Millichap said Tuesday.

Office
Needleman affiliate buys 40,000 sq. ft. Marlton office building, WCRE says

An investor has sold a 40,000-square-foot office building along Route 73 in Burlington County, in a newly announced deal by Wolf Commercial Real Estate.

Industrial
Bus contractor takes 72,000 sq. ft. for North Bergen van depot, Lee & Associates says

A transportation company has expanded its footprint with a new 72,000-square-foot industrial lease in North Bergen, in a deal arranged by Lee & Associates New Jersey.

Industrial
Survival products maker inks $1.8 million sale-leaseback in Trenton, NAI Fennelly says

A company that makes survival products has sold its Trenton manufacturing facility for $1.8 million, in a sale-leaseback deal announced Thursday by NAI Fennelly.

Retail
Clifton salon business opens new location after LMC-brokered lease

A local salon has opened its new 850-square-foot location on Route 46 in Clifton, following a deal arranged by Levin Management Corp.

Industrial
Nonprofit serving the blind, visually impaired takes 10,000 sq. ft. at Pennsauken warehouse

A nonprofit is shifting its warehouse operations after leasing nearly 10,000 square feet of industrial space in Pennsauken, brokers with Vantage Commercial announced.

Residential & Mixed Use
Metropolitan America sells 160 apartments in Trenton for $21 million, CBRE says

An apartment owner has sold a combined 160 units in Trenton for a total of $20.5 million, in a set of newly announced transactions by CBRE.

Residential & Mixed Use
Reynolds sells new 63-unit Bound Brook apartment building for $22 million

Reynolds Asset Management has sold a newly completed, 63-unit apartment building in Bound Brook for $22 million, in a deal arranged by The Kislak Co. Inc.

Residential & Mixed Use
Investor buys 46-unit Cranford apartment complex for $14.7 million, Hudson Atlantic says

Hudson Atlantic Realty has brokered the trade of a 46-unit garden apartment complex in Cranford, achieving a price of more than $318,000 per unit for the 1940s property.