Deals

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

Office
RCS, Lamar Cos. buy 368,000 sq. ft. Jersey City office building in deal brokered by C&W

30 Montgomery St. in Jersey City — Courtesy: Real Capital Solutions/Lamar Cos. By Joshua Burd A joint venture has planted a flag in Jersey City with its acquisition of a well-known 16-story office building in the waterfront Exchange Place district.…

Industrial
Velocity, sustainable packaging firm ink 155,000 sq. ft. deal to fill historic Pennsauken building

Velocity Venture Partners has all but leased up a major industrial building in Pennsauken after securing a 155,000-square-foot deal with a maker of sustainable shipping products.

Deals
Vantage: Investors scoop up Collingswood medical office building, eyeing redevelopment

Local investors have acquired a commercial property in Collingswood with plans to redevelop the site, leveraging the borough’s well-known downtown and its access to mass transit.

Office
Jersey Mike’s leases 70,000 sq. ft. in major office deal at Bell Works Fort Monmouth

With an initial public offering in the works, Jersey Mike’s Subs has found new office space at the historic Fort Monmouth property thanks to a lease with Inspired by Somerset Development.

Residential & Mixed Use
Hudson Atlantic closes sale of 59-unit senior affordable housing building in Bayonne

A private buyer has closed on a 59-unit senior affordable housing property at the south end of Bayonne, according to a listing team with Hudson Atlantic Realty.

Industrial
Schmidt Baking takes 20,000 sq. ft. in Newark industrial deal with Seagis, Blau & Berg says

Seagis Property Group has secured a new tenant in Newark, leasing nearly 20,000 square feet of industrial space to a division of America’s largest family-owned variety baker.

Retail
Urban Edge inks deal with Elev8tion Fitness, five others as tenants flock to Bergen Town Center

Urban Edge Properties has announced six new leases at Bergen Town Center, filling nearly 25,000 square feet as it broadens the lineup of the sprawling Paramus property.

Industrial
Ambulance, emergency vehicle dealer expanding with 75,000 sq. ft. lease in Lakewood

Sudler Cos. has secured a full-building, 75,000-square-foot industrial lease in Lakewood with a seller and upfitter of emergency and specialty vehicles, brokers with Avison Young announced.

Industrial
Investment firms trade 13,000 sq. ft. Metuchen industrial building in $3.5 million deal by BRC

60 Liberty St. in Metuchen — Courtesy: Bussel Realty Corp. By Joshua Burd An investment firm has acquired a nearly 13,000-square-foot industrial building in Metuchen for $3.5 million, according to a brokerage team with Bussel Realty Corp. The buyer, Sixty…

Industrial
Edison cabinet maker sells 4,000 sq. ft. industrial building on Route 1, NAIDB says

1251 Route 1 in Edison — Courtesy: NAI DiLeo-Bram & Co. By Joshua Burd A family-owned cabinet business has sold a 4,000-square-foot industrial building in Edison, in a newly announced deal by NAI DiLeo-Bram & Co. Marc L. Shein, an…