Deals

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

Camden County retail site trades for $5 million, Marcus says

A private investor has acquired a two-tenant retail pad site in Sicklerville, in a $5 million transaction arranged by Marcus & Millichap.

C&W: Sale of factory site clears way for next rental project in Kearny

Russo Development has completed its acquisition of a former industrial site in Kearny that will allow it to extend its multifamily pipeline in the town, brokers with Cushman & Wakefield said.

Net-leased Dunkin’ Donuts on Route 22 fetches $1.6 million

An investor has acquired a 1,800-square-foot Dunkin’ Donuts property in North Plainfield, in a $1.6 million sale arranged by Marcus & Millichap.

NKF: Fund makes first U.S. acquisition with $17 million office deal

An international real estate fund has made its first investment in the U.S., acquiring a Roseland office building from Normandy Real Estate Partners, in a $17.2 million deal arranged by Newmark Knight Frank.

Gas supply distributor renews for 5,200 sq. ft. in Bergen County, NIA says

A specialty gas equipment and supply distributor has renewed its nearly 5,200-square-foot lease in Emerson, under a newly announced transaction by NIA National Realty.

Hudson County industrial building fetches $2.35 million

An industrial building in North Bergen has changed hands for more than $2 million, brokerage firm William F. Connors Agency announced Monday.

Marcus: Newly built, mixed-use building in Paterson trades for $6.7 million

A developer has sold a newly built apartment and retail property in Paterson, in a $6.7 million transaction arranged by Marcus & Millichap.

Sea salt products business takes 11,000 sq. ft. in Hackettstown

A sea salt products company has leased more than 11,000 square feet of industrial space in Hackettstown, brokers with Team Resources Inc. announced recently.

Zimmel: Investors pay $10.5 million for Jersey City industrial building

An investment group has acquired a 105,000-square-foot industrial building off Interstate 78 in Jersey City, under a $10.5 million deal announced this week by Zimmel Associates.

Elizabeth rental buildings fetch $6.5 million, Kislak says

A multifamily owner has sold a two-building, 62-unit apartment portfolio in Elizabeth for $6.5 million, brokers with The Kislak Co. Inc. announced.