Deals

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

Residential & Mixed Use
Marcus inks $10.6 million sale of West New York apartments

A three-building, 66-unit apartment portfolio in West New York has changed hands for nearly $10.6 million, under a newly announced transaction by Marcus & Millichap.

Office
Real estate manager renews 2,300 sq. ft. lease at Glenpointe campus in Teaneck

A commercial real estate firm has renewed its 2,275-square-foot lease at Alfred Sanzari Enterprises’ flagship Glenpointe campus in Teaneck.

Industrial
Key Properties, flavor company ink 12,000 sq. ft. renewal at Meadowlands warehouse

Key Properties has completed a 12,000-square-foot lease renewal at a Carlstadt industrial building, the longtime home of a flavor compound company.

Industrial
South American firm buys 84,000 sq. ft. light manufacturing facility in Mahwah

A foreign investment firm has acquired a light manufacturing facility in Mahwah for $15.6 million, under a newly announced transaction by CBRE.

Retail
Mixed-use bank property in Somerville trades for $3 million, Marcus says

An investor has paid $3 million for a corner bank property in downtown Somerville, under a newly announced transaction by Marcus & Millichap.

Retail
Net-leased child care center in Hillsborough fetches $3.8 million

An investor has purchased the site of a nearly 10,000-square-foot child care center in Somerset County, under a newly announced transaction by Marcus & Millichap.

Industrial
DoorDash takes 12,000 sq. ft. at Bergen County industrial building, NAI Hanson says

Online food delivery platform DoorDash has leased 12,000 square feet of industrial space in Fair Lawn, brokers with NAI James E. Hanson announced Thursday.

Industrial
Printing, direct mail business expands to 71,000 sq. ft. in Jersey City

A print and direct mailing company has nearly doubled its footprint in Jersey City after signing a lease renewal and expansion to 71,000 square feet, in a newly announced deal by Newmark.

Office
Marcus: Morristown property with medical office, residential unit trades for $2.5 million

A buyer has paid $2.5 million for a 6,000-square-foot mixed-use property in downtown Morristown, under a transaction arranged by Marcus & Millichap.

Industrial
Major industrial deals in Gloucester, Burlington counties among latest deals by NAI Mertz

Brokerage firm NAI Mertz is touting the $26 million sale of a nearly 255,000-square-foot industrial building in Logan Township, in one of several newly announced first-half deals.