Deals

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

Industrial
Investor adds to South Jersey footprint with 75,000 sq. ft. Burlington property

An investment group has purchased a 75,000-square-foot industrial building off Route 130, with plans to “explore expansion opportunities” at the Burlington Township property.

Residential & Mixed Use
New 72-unit Jersey City apartment building trades for $32 million

A family-owned real estate firm has purchased a newly built, 72-unit apartment building in Jersey City for nearly $32 million, according to a brokerage team with JLL.

Industrial
CBRE inks sale of 44,000 sq. ft. Oakland industrial building for $9.6 million

Investment firm Faropoint has acquired a nearly 45,000-square-foot industrial building in the Bergen County borough of Oakland, in a newly announced deal by CBRE.

Retail
Family Dollar, Dollar Tree combo store takes 20,000 sq. ft. in South Plainfield

Family Dollar and Dollar Tree will occupy nearly 20,000 square feet at a standalone retail building in Middlesex County, in a newly announced deal by Levin Management Corp.

Industrial
IDI leases 111,000 sq. ft. at new Passaic industrial building, in reported deal with Lowes

IDI Logistics has secured a full-building commitment at a newly built industrial building in Passaic, leasing more than 100,000 square feet to a home improvement giant.

Retail
Grocery app Gorillas signs first New Jersey location in downtown Jersey City

A grocery app has selected its first New Jersey location, leasing 4,000 square feet in downtown Jersey City, in a newly announced deal by Grid Real Estate LLC.

Residential & Mixed Use
B6 inks sale of development site in Jersey City’s Canal Crossing Redevelopment Zone

B6 Real Estate Advisors has negotiated the sale of a 27,500-square-foot development site in the Bergen-Lafayette neighborhood of Jersey City for $5.725 million.

Retail
Sushi eatery takes 7,000 sq. ft. for new Morristown location, Chilmark says

A sushi restaurant is relocating in Morristown after agreeing to lease nearly 7,000 square feet, in a newly announced transaction by Chilmark Real Estate Services.

Deals
Performing arts school signs 12,000 sq. ft. renewal in Berkeley Heights, NAI Hanson says

NAI James E. Hanson has negotiated a lease renewal for an 11,500-square-foot office and flex building in Berkeley Heights, the brokerage team announced.

Residential & Mixed Use
Gebroe-Hammer: 66-unit South Orange rental building sells for fourth time in 23 years

A private investor has acquired a 66-unit apartment building in downtown South Orange and steps from NJ Transit rail service, in the fourth trade of the property since 1999.