Deals

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

Journal Square apartment buildings fetch $10 million, Gebroe-Hammer says

The longtime owner of two Jersey City apartment buildings has sold the 57-unit portfolio for nearly $10 million, in a newly announced transaction by Gebroe-Hammer Associates.

Bergen County apartment portfolio trades for $19.2 million

A development and investment firm has sold an 85-unit multifamily portfolio in Bergen County for more than $19 million, according to brokers with The Kislak Co. Inc.

CBRE, Eastman ink three law firm leases in Livingston

Three law firms have leased a combined 11,000 square feet of office space in Livingston, in a series of newly completed transactions by CBRE.

Investor, acquires plans conversion of mixed-use Bergenfield building, NAI Hanson says

An investor has acquired a 5,000-square-foot mixed-used building in Bergenfield, with plans to bring new apartments to the property’s ground-floor spaces.

JLL: Fragrance, flavor supplier extends 21,000 sq. ft. lease in Saddle Brook

A global supplier of fragrances, flavors and other products has extended its lease at a Saddle Brook office building, where it occupies more than 21,000 square feet.

Lidl opens 28,000 sq. ft. grocery store in North Brunswick, LMC says

German discount grocery chain Lidl has added to its footprint in New Jersey with the debut of a new 28,000-square-foot store in North Brunswick.

New York investment firm adds Sparta self-storage complex

An investment firm has purchased a 58,000-square-foot self-storage facility in Sparta, marking its second recent acquisition in New Jersey.

LPC: Mortgage lender renews 2,900 sq. ft. lease in Basking Ridge

A mortgage lender has extended its lease at a two-building office complex in Basking Ridge, where it occupies nearly 3,000 square feet.

Woodmont, Canoe Brook launch construction at Secaucus apartment project

Woodmont Properties and Canoe Brook Development have started construction on a new 116-unit luxury apartment property in Secaucus.

Developer sells 1.2 million sq. ft. industrial portfolio in Pennsauken, Colliers says

The original developer of two large industrial parks in Camden County has sold the 32-building, 1.2 million-square-foot portfolio, in a newly completed transaction by Colliers International.