Deals

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

Health Care & Education
Health care system buys 63,000 sq. ft. Clifton medical office building, NAI Hanson says

A regional health care system is expanding with its purchase of a 63,000-square-foot medical office building in Clifton, brokers with NAI James E. Hanson announced.

Industrial
Marcus Partners adds Middlesex industrial property for $37 million, Lee & Associates says

A private owner has sold a two-building, 200,000-square-foot industrial property in Middlesex County, brokers with Lee & Associates New Jersey announced Wednesday.

Industrial
Branchburg industrial condos totaling 15,000 sq. ft. trade for $2.7 million, Deluccia says

Deluccia Commercial Group has brokered the sale of three contiguous, 5,000-square-foot industrial condominium units in Somerset County for $2.7 million.

Industrial
Sitex adds 40,000 sq. ft. Avenel industrial building for $20 million, in short-term sale-leaseback

Sitex Group has purchased a 40,000-square-foot industrial building in the Avenel section of Woodbridge for $19.7 million, in a newly announced deal by Bussel Realty Corp.

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.