Deals

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

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.

Residential & Mixed Use
Gebroe-Hammer inks $5.4 million sale of 33-unit Passaic apartment building

A private investor has acquired a 33-unit apartment building in Passaic for $5.35 million, in a newly announced transaction by Gebroe-Hammer Associates.

Industrial
Used clothing supplier takes 115,000 sq. ft. at new Hamilton industrial property

A used clothing wholesaler has signed a full-building lease for nearly 115,000 square feet of new industrial space in Hamilton, in a deal arranged by Corporate America Realty & Advisors.