Deals

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

Industrial
S. Hekemian Group, JLL ink sale of Newark warehouse for more than $800 per square foot

The S. Hekemian Group has sold a newly built, 76,000-square-foot industrial building just north of Interstate 78 in Newark, achieving a record price of more than $820 per square foot.

Office
DeSapio sells Bridgewater office building for $4 million, Deluccia says

An area real estate firm has sold a 20,000-square-foot office building in Bridgewater for $4 million, in a transaction arranged by Deluccia Commercial Group.

Deals
Investment firm sells 64,000 sq. ft. flex building in Gloucester Co., WCRE says

A local owner has sold a 64,000-square-foot flex building in the Gloucester County Township of West Deptford, according to brokers with Wolf Commercial Real Estate.

Industrial
ReadySpaces takes 126,000 sq. ft. in Kearny for co-warehousing firm’s third N.J. location

Co-warehousing firm ReadySpaces has added a third New Jersey location and its second this year, leasing 126,000 square feet at a Kearny industrial building.

Office
HR, payroll provider takes 2,700 sq. ft. for new Marlton HQ, Vantage Commercial says

A human resources and payroll firm has opened a new headquarters in Evesham, under a lease arranged by brokers with Vantage Commercial.

Health Care & Education
Medical practice buys 3,900 sq. ft. Hawthorne office building, NAI Hanson says

A family medicine practice is moving within Passaic County after acquiring an office building in downtown Hawthorne, brokers with NAI James E. Hanson announced Thursday.

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.