Deals

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

Residential & Mixed Use
Cervilli inks sale of 104-unit senior housing complex in Atlantic City

The site of a 104-unit affordable housing property in Atlantic City has changed hands, in a recent transaction by Cervelli Real Estate.

Retail
Developer sells new 7-Eleven property in North Bergen for $2.6 million

A developer has sold the site of a newly built 7-Eleven property in North Bergen for $2.6 million, in newly announced deal by CBRE.

Health Care & Education
NAI Hanson: Orthopedic, physical therapy practice takes 7,300 sq. ft. in Paramus

An orthopedic and physical therapy practice has leased nearly 7,300 square feet of medical office space in Paramus, brokers with NAI James E. Hanson said Tuesday.

Industrial
Devli acquires Wallington industrial site, assembling 34-acre development parcel

Devli Real Estate has assembled 34 acres of industrial property in Wallington, creating a rare large tract of developable land in and around the Meadowlands submarket.

Industrial
Seagis adds two-building, 19,000 sq. ft. Moonachie industrial portfolio

Seagis Property Group LP has acquired two vacant industrial buildings in Moonachie, adding more than 19,000 square feet to its portfolio in the Meadowlands submarket.

Industrial
C&W: South Plainfield industrial condo trades for $4.6 million

An investor has purchased a nearly 30,000-square-foot industrial condominium in South Plainfield for $4.55 million, in a newly announced deal by Cushman & Wakefield.

Residential & Mixed Use
Developer inks $88 million sale of 242-unit rental property under construction in Carteret

Forte Real Estate Development has sold a nearly completed, 242-unit luxury apartment building in Carteret for $87.5 million, borough officials announced last week.

Industrial
Investor buys 74,000 sq. ft. Totowa flex, industrial property for $7.6 million

Marcus & Millichap has negotiated the sale of a nearly 74,000-square-foot flex industrial property in Totowa for $7.6 million.

Office
Law firm focused on private CRE lending buys Marlboro building for new headquarters

A law firm is moving its Monmouth County headquarters after acquiring a 20,000-square-foot office building in Marlboro.

Retail
Route 18 retail property in East Brunswick fetches $14 million, Marcus says

A private investor has purchased a nearly 58,000-square-foot shopping center in East Brunswick for $14 million, brokers with Marcus & Millichap announced Thursday.