Deals

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

Industrial
STRO, Hispanic foods company sign 20,000 sq. ft. lease in Hackensack

The STRO Cos. has leased nearly 20,000 square feet of industrial space in Hackensack to a national food distributor, the real estate firm announced Tuesday.

Industrial
Nail care company sells 152,000 sq. ft. Paterson facility in sale-leaseback deal

An investor has acquired an industrial building in Paterson as part of a sale-leaseback with a nail care company, in a newly announced transaction by NAI James E. Hanson.

Industrial
EverWest buys 117,000 sq. ft. Meadowlands building in $37 million sale-leaseback

EverWest Real Estate Investors has acquired an East Rutherford industrial building for more than $37 million, in the latest addition to its fast-growing portfolio in the state.

Residential & Mixed Use
Kislak: 21-unit Journal Square apartment building trades for $3.9 million

An investor has purchased a 21-unit apartment building in Jersey City’s resurgent Journal Square neighborhood, according to a broker with The Kislak Co. Inc.

Industrial
Newark warehouse deal among five recent leases, sales by Newmark Associates

An industrial linen business has leased a 12,000-square-foot warehouse in Newark, in one of several newly announced transactions by Newmark Associates CRE.

Residential & Mixed Use
Joint venture buys 99-unit Hoboken property for $57 million, in JLL-brokered deal

Skylight Real Estate Partners and PCCP LLC have acquired a 99-unit, loft-style apartment building in Hoboken for nearly $57 million, in a deal arranged by JLL.

Residential & Mixed Use
Marcus inks sale of approved multifamily development site in Dunellen

An investor has purchased an approved development site in northern Middlesex County, where plans call for a reported 40 apartments in a location just north of Route 28.

Retail
Infrared fitness studio coming to Livingston Town Center after leasing 2,000 sq. ft.

A fast-growing fitness franchise has leased more than 2,000 square feet at the mixed-use Livingston Town Center property, according to a team with Azarian Realty Co.

Retail
Queens-based pizza chain signs lease in Marlton, Vantage Commercial says

A pizza chain is expanding to southern New Jersey after leasing space at a Burlington County shopping center, under a deal arranged by Vantage Commercial.

Office
NAI Fennelly closes 110,000 sq. ft. in Central Jersey office leases, sales in first half of 2022

NAI Fennelly is touting the completion of more than 110,000 square feet of office leases and sales in central New Jersey during the first half of 2022.