Deals

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

Residential & Mixed Use
Somerset County apartment, retail building trades for $4.1 million, Deluccia says

An apartment and retail building in Somerset County has changed hands for more than $4.1 million, in a newly announced deal by Deluccia Commercial Group.

Retail
ShopRite expansion among three recent deals at Delran retail center, LMC says

ShopRite has expanded its footprint at a Burlington County shopping center, in one of three recent transactions at the property by Levin Management Corp.

Industrial
CenterPoint adds 58,000 sq. ft. warehouse on low-coverage site in Fairfield

CenterPoint Properties has completed its first deal in the Fairfield industrial submarket, acquiring a parcel with nearly 60,000 square feet of warehouse space on just over four acres.

Office
Gilead leases 96,000 sq. ft., eyes new corporate hub at Parsippany’s ‘Latitude’ campus

Biopharmaceutical giant Gilead Sciences has leased nearly 100,000 square feet at a Parsippany office campus, with plans to open a highly anticipated East Coast hub by early next year.

Industrial
Trenton industrial complex fetches $5.6 million, NAI Fennelly says

A seller has reaped $5.6 million in the trade a four-building, 75,097-square-foot industrial complex in Trenton, in a newly announced deal by NAI Fennelly.

Office
Mobile gaming firm inks lease in Jersey City for first U.S. flagship location, Newmark says

A Swedish mobile gaming company has picked Jersey City for its first U.S. flagship location, leasing more than 5,000 square feet at a historic loft-style building in the downtown.

Residential & Mixed Use
Bloomfield apartment building trades for $3.7 million, Hudson Atlantic says

A private buyer has purchased a 22-unit apartment building in Bloomfield for $3.65 million, according to a brokerage team with Hudson Atlantic Realty.

Industrial
Nonprofit relocates, takes 4,300 sq. ft. in Pennsauken, Vantage Commercial says

Crescent Business Center at 7300 North Crescent Blvd. in Pennsauken — Courtesy: Vantage Commercial

Industrial
Connors inks sale of 15,000 sq. ft. Irvington industrial building

The William F. Connors Agency has brokered the sale of a 15,000-square-foot industrial building in Irvington, the firm announced Friday.

Finance & Capital Markets
Hackettstown retail center owner inks $16 million permanent loan, Cronheim says

The owner of a Walmart-anchored shopping center in Hackettstown has refinanced the property for $16 million, in a newly announced transaction by Cronheim Mortgage.