Deals

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

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.

Retail
North Bergen mixed-use property sold for $740,000

A personal trust has sold a 2,400-square-foot mixed-use property in Hudson County for $740,000, according to a brokerage team with Marcus & Millichap.

Industrial
C&W: First National Realty sells 80,000 sq. ft. flex park on Route 9

A private equity firm has sold a nearly 80,000-square-foot flex campus in Old Bridge, in a transaction arranged by Cushman & Wakefield.

Office
Law, financial services firms renew at Sanzari’s Court Plaza complex in Hackensack

Alfred Sanzari Enterprises has signed two lease renewals at its three-building, 335,000-square-foot Court Plaza office campus in downtown Hackensack, the firm announced.

Office
Investor buys three-building, 23,000 sq. ft. Denville office complex, Coldwell Banker says

A private investor has purchased nearly 23,000 square feet of office space in Denville for $3.75 million, in a transaction arranged by Coldwell Banker Commercial Realty.

Residential & Mixed Use
New Jersey-based JLL team inks $146 million sale of Long Island luxury rental complex

A development team has sold a newly built, 260-unit apartment property on Long Island for $146 million, in a deal by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Kislak: Brooklyn buyers acquire 49 units in Asbury Park for $5.9 million

An apartment investor has added 59 units with its purchase of two properties in Asbury Park, in a nearly $6 million deal arranged by The Kislak Co. Inc.

Residential & Mixed Use
Blau & Berg inks sale of Orange parcels for 410-unit Russo, Dinallo project

A development team has closed on two parcels in Orange to complete the site of a planned 410-unit multifamily project, brokers with The Blau & Berg Co. said.

Industrial
Buyer adds 138,000 sq. ft. Linden industrial property for $15 million, BRC says

An industrial buyer has paid $15 million for a multitenant, 138,000-square-foot property in Linden, in a newly announced transaction by Bussel Realty Corp.

Retail
Vantage Commercial: Bar, lounge owner buys Pennsauken property for new location

A bar and lounge owner is eyeing a new location after its purchase of a restaurant property in Pennsuaken, brokers with Vantage Commercial announced Thursday.