Deals

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

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.

Industrial
Seven-building, 45,000 sq. ft. Hackensack industrial portfolio sells for $7.3 million

Brentwood Realty has sold a nearly 45,000-square-foot industrial portfolio in Hackensack for $7.3 million, in a newly announced transaction by Cushman & Wakefield.

Industrial
Rockland County firm buys 12,000 sq. ft. facility in Upper Saddle River, NAI Hanson says

A company is relocating from Rockland County after purchasing a 12,000-square-foot industrial flex property in Upper Saddle River, according to a broker with NAI James E. Hanson.

Office
Larken Associates, optometrist sign 1,200 sq. ft. lease in Raritan Borough

An optometry practice has found a new home in Somerset County after signing a nearly 1,200-square-foot lease with Larken Associates.