Deals

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

Residential & Mixed Use
Developer eyes 106 micro-apartments after acquiring Newark hotel building, Parkview says

An investment manager has acquired a vacant hotel building in Newark that it now plans to convert to more than 100 apartments, according to a lender involved with the project.

Retail
Iron Ore buys 59,000 sq. ft. grocery-anchored retail center in Trenton

An affiliate of Iron Ore Properties LLC has purchased a grocery-anchored retail center in Trenton, the Milburn-based firm announced Thursday.

Office
NAI Hanson inks sale of 10,000 sq. ft. office condo in Paramus

A local investor has acquired a 10,000-square-foot office condominium on Route 4 in Paramus, in a newly announced transaction by NAI James E. Hanson.

Industrial
Denholtz adds 54,000 sq. ft. Charlotte property under new JV for industrial deals

Denholtz Properties has acquired a nearly 54,000-square-foot building in Charlotte, marking its first deal under a newly formed, $1 billion joint venture for industrial properties.

Residential & Mixed Use
Marcus inks $2.3 million sale of Jersey City apartment building

A private investor has sold a 12-unit apartment building in Jersey City’s West Side neighborhood, according to a brokerage team with Marcus & Millichap.

Residential & Mixed Use
Kislak details North Jersey multifamily, retail sales totaling $5.5 million

A private investor has purchased a nine-unit apartment building in Orange for $1.5 million, in one of several newly announced deals by The Kislak Co. Inc.

Office
Lab supply maker takes 9,300 sq. ft. at new-look Paramus office building

A laboratory supply company has leased more than 9,000 square feet of office space in Paramus, in one of two newly announced deals by Cushman & Wakefield.

Industrial
Duke, JD.com ink 217,000 sq. ft. lease for spec warehouse in Piscataway

Duke Realty Corp. has leased nearly 217,000 square feet to JD.com, China’s largest direct online retailer, filling a speculative industrial building under construction in Piscataway.

Retail
FNRP adds 227,000 sq. ft. Acme-anchored center in Voorhees

First National Realty Partners has made another addition to its grocery-anchored retail portfolio, acquiring a nearly 230,000-square-foot shopping center in Camden County.

Retail
Salon products chain opens 3,500 sq. ft. store in Howell, LMC says

A beauty supply store has opened its doors at a busy 128,000-square-foot shopping center in Monmouth County, following a deal arranged by Levin Management Corp.