Deals

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

Residential & Mixed Use
Grid: Investor buys 10 apartments, retail space in Jersey City Heights for $3.8 million

An investor has picked up 10 apartments and two retail spaces with its purchase of a two-building portfolio in Jersey City, according to a broker with Grid Real Estate.

Industrial
Realterm buys two-building, 42,000 sq. ft. warehouse portfolio in East Rutherford

Investment manager Realterm has added nearly 42,000 square feet in New Jersey with its purchase of two industrial buildings in East Rutherford, in a deal by NAI James E. Hanson.

Industrial
Seagis, DHL Global Forwarding ink 17,000 sq. ft. industrial lease in Carteret, BRC says

A unit of shipping giant DHL has taken more than 17,000 square feet of industrial space in Carteret, in a newly announced deal by Bussel Realty Corp.

Residential & Mixed Use
Gebroe-Hammer inks sale of 119-unit Essex Co. portfolio, hitting $1.35 billion through Q3

An apartment owner has sold a 119-unit portfolio in Essex County for $16.55 million, in one of nearly two dozen third-quarter deals by Gebroe-Hammer Associates.

Hospitality & Tourism
Denholtz, BarCo brands ink 17,000 sq. ft. lease at Fort Monmouth food, beverage hub

A third tenant has committed to Denholtz Properties’ new food and beverage destination at the Fort Monmouth site, taking the remaining space at the 53,000-square-foot building.

Office
NAI Fennelly inks 29,000 sq. ft. in third-quarter office deals

Colliers Engineering has renewed its nearly 9,000-square-foot lease in Hamilton, in one of several third-quarter deals brokered by NAI Fennelly.

Retail
Developer completes pad site for new Dunkin store in Paramus, NAI Hanson says

A developer has acquired the second piece of a site in Paramus that’s slated to become a new 2,000-square-foot Dunkin’ store, brokers with NAI James E. Hanson announced.

Retail
Larken completes lease to bring national haircare franchise to Hillsborough

Larken Associates has negotiated a lease with Fantastic Sams, a salon franchise with locations throughout North America, at its Amwell Mall property in Hillsborough.

Residential & Mixed Use
Jersey City development site slated for 136 apartments sells for $6.5 million

A development site that could house more than 130 luxury apartments has changed hands in Jersey City’s West Side neighborhood, in a deal arranged by B6 Real Estate Advisors.

Office
Colliers: Investor buys 159,000 sq. ft. Florham Park office campus for $13 million

An investment firm has purchased a nearly 160,000-square-foot office campus in Florham Park for $13.26 million, according to a brokerage team with Colliers.