Deals

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

Residential & Mixed Use
Four-building, 96-unit apartment portfolio in East Orange trades for $15.6 million

A private investor has purchased a four-building, 96-unit apartment portfolio in East Orange for $15.6 million, in a newly announced transaction by Hudson Atlantic Realty.

Office
Vacant 52,000 sq. ft. office complex in Basking Ridge trades for $4.6 million

A pharmaceutical company has purchased an office complex in Basking Ridge for $4.6 million, in a deal arranged by Kislak Commercial Real Estate Services Inc. and The Garibaldi Group.

Office
Women’s health provider coming to Glenpointe after 2,700 sq. ft. lease with Sanzari

Alfred Sanzari Enterprises has inked a lease with Axia Women’s Health for 2,724 square feet of medical office space at the company’s Glenpointe campus in Teaneck.

Retail
Sale of 30,000 sq. ft. Willingboro retail center among newest deals by Jeffery Realty

A private investor has acquired a 30,000-square-foot shopping center in the Burlington County township of Willingboro, in one of several recent transactions by Jeffery Realty.

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.