Deals

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

Residential & Mixed Use
N.Y. firm buys 78-unit Hackensack rental building for $36 million, Kislak says

An out-of-state investor has purchased a 78-unit luxury apartment building in Hackensack for $36 million, in a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Hoboken rental property trades for $9 million, C&W says

The developers of a 16-unit apartment building in Hoboken have sold the property for $9 million, in a newly announced transaction by Cushman & Wakefield.

Retail
Azarian details Q1 deals with food, retail tenants across New Jersey portfolio

A fast-growing cookie franchise has leased nearly 2,000 square feet of retail space in Middlesex County, in one of several first-quarter transactions by Azarian Realty Co.

Residential & Mixed Use
Kislak inks $5.8 million sale of Lancaster, Pennsylvania, apartments

An investor has purchased a 37-unit apartment property in Lancaster, Pennsylvania, for more than $5.8 million, in a deal arranged by The Kislak Co.

Industrial
Embattled fund manager GPB Capital sells 30-acre cold storage parcel near Port Newark

A beleaguered private equity firm has sold 30 acres in the heart of Newark’s port district, where its plans once called for some 250,000 square feet of cold storage space.

Office
Bergman inks leases with law, environmental firms at Giralda Farms office building

Bergman Real Estate Group has leased more than 28,000 square feet at a Madison office building after completing deals with a law firm and an environmental engineering group.

Office
Brooklyn firm expands, takes 900 sq. ft. in Englewood Cliffs, NAI Hanson says

A business management firm is expanding to New Jersey with the completion of a nearly 900-square-foot lease in Englewood Cliffs, under a deal arranged by NAI James E. Hanson.

Office
Lord Abbett takes 178,000 sq. ft. at Goldman Sachs tower in Jersey City

Investment manager Lord Abbett & Co. is relocating its headquarters in Jersey City after leasing nearly 180,000 square feet at one of the state’s best-known office buildings.

Retail
Wharton Realty buys 517,000 sq. ft. power center in Gloucester County

An Eatontown-based firm has acquired a nearly 520,000-square-foot retail center in the Gloucester County township of Deptford, in a transaction arranged by JLL.

Industrial
Marcus Partners adds light industrial, movie theater properties in Morris County

Investment firm Marcus Partners has acquired four commercial properties in East Hanover, adding nearly 155,000 square feet to its New Jersey portfolio.