Deals

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

Residential & Mixed Use
Kislak details North Jersey multifamily, retail sales totaling $5.5 million

A private investor has purchased a nine-unit apartment building in Orange for $1.5 million, in one of several newly announced deals by The Kislak Co. Inc.

Office
Lab supply maker takes 9,300 sq. ft. at new-look Paramus office building

A laboratory supply company has leased more than 9,000 square feet of office space in Paramus, in one of two newly announced deals by Cushman & Wakefield.

Industrial
Duke, JD.com ink 217,000 sq. ft. lease for spec warehouse in Piscataway

Duke Realty Corp. has leased nearly 217,000 square feet to JD.com, China’s largest direct online retailer, filling a speculative industrial building under construction in Piscataway.

Retail
FNRP adds 227,000 sq. ft. Acme-anchored center in Voorhees

First National Realty Partners has made another addition to its grocery-anchored retail portfolio, acquiring a nearly 230,000-square-foot shopping center in Camden County.

Retail
Salon products chain opens 3,500 sq. ft. store in Howell, LMC says

A beauty supply store has opened its doors at a busy 128,000-square-foot shopping center in Monmouth County, following a deal arranged by Levin Management Corp.

Office
Sanzari, First Bergen Title sign 2,800 sq. ft. renewal in Hackensack

Alfred Sanzari Enterprises has signed a nearly 3,000-square-foot lease renewal with First Bergen Title Agency, a longtime tenant at its Court Plaza office complex in Hackensack.

Residential & Mixed Use
Atlantic City apartment tower trades for $17 million, Marcus & Millichap says

The longtime owner of a 266-unit apartment tower in Atlantic City has sold the building for $17 million, in a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Port Jervis apartments trade for $14 million in 1031 exchange, Kislak says

A private apartment owner has sold a 140-unit complex in New York’s Orange County for $14.25 million, according to a brokerage team with The Kislak Co. Inc.

Residential & Mixed Use
Investors trade 484-unit Newark apartment portfolio for $80 million, Gebroe-Hammer says

A private investment group has sold nearly 500 apartments in Newark’s North Ward for more than $80 million, under a deal arranged by Gebroe-Hammer Associates.

Health Care & Education
CBRE inks $7 million trade of medical office portfolio in Bergen, Camden

An investor has purchased a series of medical office properties in Bergen and Camden counties, paying just over $7 million in a deal arranged by CBRE.