Deals

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

Bridgewater retail property trades for $4.7 million, Marcus says

A buyer has paid nearly $4.7 million for a multitenant retail property in Bridgewater, in a newly announced transaction by Marcus & Millichap.

Midtown Commercial inks $1.4 million sale of Randolph shopping center

A neighborhood shopping center in Morris County has changed hands for $1.4 million, under a deal arranged by Midtown Commercial Realty.

Shipping firm inks 10,000 sq. ft. office lease in Jersey City, C&W says

Cushman & Wakefield has negotiated a long-term office lease in Jersey City for ZIM American Integrated Shipping.

Home goods store leasing 13,000 sq. ft. to backfill ex-Rite Aid in Union City

Lee & Associates NYC has represented Everyday Savings, a home goods department store, in a 12,976-square-foot sublease in Union City.

Marcus inks 14-unit multifamily sale in Montclair

A private investor has purchased 14 apartments in Montclair for nearly $1.8 million, in a newly announced transaction by Marcus & Millichap.

BRC: Linden industrial building trades for $1.6 million

Bussel Realty Corp. has brokered the sale of a 13,000-square-foot industrial property in Linden.

American Equity Partners inks sale of 199,000 sq. ft. Bridgewater office building, CBRE says

CBRE advised American Equity Partners on the sale of a 199,310-square-foot, 82 percent occupied office building in Bridgewater.

Lincoln Equities Group sells Bayonne property set to become 886,000 sq. ft. UPS package hub

Lincoln Equities Group has sold a massive development tract in Bayonne that will soon be home to a nearly 900,000-square-foot regional hub and distribution center for UPS.

NAI Hanson inks sale of Riverdale medical office building to veterinarian

The owner of a veterinary practice has acquired a 6,200-square-foot medical office building in Riverdale, under a newly announced deal by NAI James E. Hanson.

Prism, UPS Store ink 1,100 sq. ft. lease at new Woodbridge rental property

The UPS Store is coming to the base of a luxury apartment complex in downtown Woodbridge, marking the second retailer at the newly completed property by Prism Capital Partners.