Deals

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

Retail
Dumont retail, office property trades for $5.9 million

A private investor has paid nearly $6 million to acquire a retail and office property in Bergen County, according to a brokerage team with Marcus & Millichap.

Industrial
NAI Hanson: Hackensack industrial building sold to metal, pipe fitting company

A growing industrial user has purchased a 5,000-square-foot building in Hackensack, in a newly announced transaction by NAI James E. Hanson.

Retail
Vantage Commercial inks sale of former auto repair shop in Camden County

The site of a former auto repair shop in Camden County has changed hands, in a deal arranged by brokers with Vantage Commercial.

Industrial
Devli acquires 175,000 sq. ft. Meadowlands industrial building

Devli Real Estate has purchased a 175,000-square-foot industrial building in East Rutherford, marking the latest addition to its portfolio in northern New Jersey.

Office
MDC sells 227,000 sq. ft. Hackensack office building, C&W says

Mountain Development Corp. has sold a nearly 227,000-square-foot office building in Hackensack, in a transaction arranged by Cushman & Wakefield.

Retail
Marcus: Net-leased childcare center in Monmouth fetches $3.3 million

An investor has purchased the site of a net-leased childcare center in Manasquan for nearly $3.3 million, in a newly announced deal by Marcus & Millichap.

Industrial
CenterPoint adds to 8A holdings with 198,000 sq. ft. warehouse in Dayton

CenterPoint Properties has closed on a 198,000-square-foot industrial building in South Brunswick, its third acquisition in the Exit 8A submarket in six months.

Retail
Lease for new 4,600 sq. ft. tapas restaurant among latest Hoboken deals by Ripco

A restaurant group has expanded its footprint with a nearly 4,600-square-foot Spanish tapas eatery in northwest Hoboken, according to a brokerage team with Ripco Real Estate.

Office
Deugen inks sale of 12,000 sq. ft. Bergen County office building

An investor has purchased a 12,000-square-foot office building in the Bergen County borough of Cresskill, under a newly announced deal by Deugen Realty Group.

Residential & Mixed Use
Investor buys 28 units at Madison condo complex, C&W says

Drew University has sold 28 units at a Madison condominium property, in a newly announced deal by Cushman & Wakefield.