Deals

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

Retail
Bergen County bank branch trades for $4.8 million, Marcus says

A net-leased Bank of America branch in Fair Lawn has changed hands for nearly $5 million, in a newly announced transaction by Marcus & Millichap.

Industrial
Investment firm enters New Jersey, adding 69,000 sq. ft. industrial building in Garfield

An investment firm has made its first acquisition in New Jersey with the purchase of a mixed-use property in Bergen County, under a newly announced transaction by CBRE.

Retail
Marcus: Net-leased furniture store property trades for $5.9 million

A buyer has paid nearly $6 million for the site of a 60,000-square-foot furniture store in Monmouth County, in a newly completed deal by Marcus & Millichap.

Retail
Popeyes takes 2,500 sq. ft. at Morris County shopping center

Popeyes Louisiana Kitchen is adding a new location in the region after committing to space at a Morris County shopping center, under a deal announced by The Goldstein Group.

Retail
Investor acquires grocery store property in Maplewood

An investor has purchased the former home of a Kings grocery store in Maplewood, under a recently announced transaction by Midtown Commercial Realty.

Retail
C&W: Investor acquires Bergen retail center for $13.5 million

An investment firm has acquired a fully leased, grocery-anchored shopping center in the southern tip of Bergen County, in a deal arranged by Cushman & Wakefield.

Industrial
Westwood industrial building trades for $1.6 million, Marcus says

A private buyer has acquired a Bergen County industrial building for nearly $1.6 million, under a newly announced transaction by Marcus & Millichap.

Retail
Jersey Mike’s leases 1,200 sq. ft. at Woodbridge shopping center, LMC says

The leasing team at a Woodbridge shopping center has brought the complex to full occupancy, having completed a 1,200-square-foot lease with Jersey Mike’s Subs.

Industrial
NAI Hanson, Van Houten complete sale of historic 108,000 sq. ft. building in Paterson

A joint venture has purchased a historic industrial complex in Paterson, paving the way for a potential adaptive reuse project alongside other redevelopment efforts in the city.

Residential & Mixed Use
Paterson apartment portfolio trades for $2.9 million

A private investor has sold a two-building, 22-unit apartment portfolio in Paterson for nearly $2.9 million, brokers with Lee & Associates New Jersey announced Wednesday.