Deals

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

Office
SJP, Siemens detail 66,000 sq. ft. lease at new-look Metropark office building

Siemens has joined the tenant roster at a newly updated office building in Woodbridge, where it’s taking more than 65,000 square feet under a recent lease with SJP Properties.

Industrial
C&W: Penwood, Metrix sell 171,000 sq. ft. Hamilton warehouse after redevelopment

A joint venture has sold more than 170,000 square feet of newly built industrial space along Route 130 in Hamilton, brokers with Cushman & Wakefield announced Tuesday.

Residential & Mixed Use
Gebroe-Hammer inks $14.5 million sale of Summit apartments, completing 1031 exchange

A private investor has sold a 53-unit garden apartment complex in Summit for $14.5 million, in a newly announced transaction by Gebroe-Hammer Associates.

Residential & Mixed Use
Irvington apartments sold for first time in 40 years, trading for $4.2 million, Marcus says

The longtime owner of a 33-unit apartment building in Irvington has sold the property for more than $4 million, in a newly announced deal by Marcus & Millichap.

Retail
Net-leased gas station site in Hamilton trades for $4 million, Marcus & Millichap says

A private LLC has sold a net-leased service station property in Hamilton for $4.15 million, in a newly announced deal by Marcus & Millichap.

Office
YMCA chapter sells 7,000 sq. ft. office building in Livingston, NAI Hanson says

NAI James E. Hanson has negotiated the sale of a freestanding, 7,000-square-foot former YMCA office building in Livingston.

Retail
Daycare, convenience store combine for 6,000 sq. ft. at new Jersey City apartment building

The developer of a new apartment building in Jersey City has signed two ground-floor retail leases at the property, according to a brokerage team with The Goldstein Group.

Office
JLL: Yarn maker finds new home, subleases 13,000 sq. ft. in Lyndhurst

A yarn company is taking 13,000 square feet of office space in Lyndhurst as part of a plan to relocate and expand its operation, under a deal arranged by brokers with JLL.

Health Care & Education
Atlantic County medical office campus, development site fetches $6.1 million

A personal trust has sold a partially completed medical office campus in Little Egg Harbor for $6.1 million, in a recently completed deal by Marcus & Millichap.

Deals
STRO adds 53,000 sq. ft. commercial building in Paramus

The STRO Cos. has purchased a nearly 53,000-square-foot commercial building in Paramus, in a transaction arranged by Jeffery Realty.