Deals

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

Hospitality & Tourism
Kislak: Nutley steakhouse property, liquor license sell for $1.6 million

The site of a well-known restaurant in Nutley and its liquor license have changed hands for $1.6 million, in a deal arranged by The Kislak Co. Inc.

Industrial
Sanzari inks 11,000 sq. ft. renewal with printer, its oldest tenant, in South Hackensack

Alfred Sanzari Enterprises has negotiated a lease renewal with The Print Group, its oldest tenant, for 11,015 square feet of industrial space in South Hackensack.

Industrial
STRO, Millstein family office acquire 90,000 sq. ft. industrial asset in Passaic

The Millstein family office and The STRO Cos. have completed their purchase of a 90,000-square-foot industrial property in Passaic.

Office
Lee & Associates New Jersey inks sale of boutique office sites in Morristown, Chatham

The site of a planned boutique office building in downtown Morristown has changed hands for $1.7 million, in one of several newly announced transactions by Lee & Associates New Jersey.

Industrial
Dumpster, garbage service provider buys Ridgefield Park parcel, NAI Hanson says

NAI James E. Hanson has negotiated the sale of a 3.5-parcel in Ridgefield Park.

Retail
East Brunswick strip mall sells for $4 million, Marcus says

A personal trust has sold a nearly 17,000-square-foot strip mall along East Brunswick’s busy Route 18 corridor, according to a brokerage team with Marcus & Millichap.

Industrial
Resource Realty: Biotech firm takes 76,000 sq. ft. at new East Hanover industrial building

The developer of a new industrial facility in East Hanover has signed a full-building lease for nearly 76,000 square feet, according to Resource Realty of Northern New Jersey.

Industrial
Russo, PGIM eye 200,000 sq. ft. industrial building after buying Mahwah office property

A joint venture has closed on the site of a Mahwah office building that it now plans to redevelop as 200,000 square feet of modern industrial space, brokers with CBRE said Monday.

Deals
Shelbourne, Avison Young tout 173,000 sq. ft. in deals in Piscataway, Bloomfield

A biotechnology firm has leased nearly 57,000 square feet in Piscataway, in one of three newly announced deals by Avison Young on behalf of Shelbourne Global.

Industrial
Realterm acquires 72,000 sq. ft. North Bergen warehouse

Investment manager Realterm has made its second acquisition in North Bergen, adding a 72,000-square-foot warehouse sitting on nearly four acres.