Deals

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

Residential & Mixed Use
Marcus: Apartments in Franklin, New Brunswick trade for $5.3 million

A private investor has acquired a 39-unit apartment portfolio in central New Jersey for more than $5.3 million, under a deal arranged by Marcus & Millichap.

Office
Signature Acquisitions inks 90,000 sq. ft. in new leases, renewals at Parkway office buildings

The owner of eight office buildings in Cranford and Clark has completed a flurry of leasing activity at the properties, including new commitments totaling 50,000 square feet.

Office
Cured meats importer takes space at new-look office, co-working building in Hoboken

An importer of cured meats has relocated to New Jersey from Brooklyn, having signed a lease at a newly renovated co-working center in Hoboken.

Industrial
Sitex acquires 30,000 sq. ft. warehouse in Fairfield

Sitex Group has picked up a 30,000-square-foot warehouse in Fairfield, where it’s planning a series of upgrades with the building slated to become available in 2022.

Residential & Mixed Use
Marcus: Family sells Jersey City development site assembled over 30 years

A development tract three decades in the making has changed hands in Jersey City, in a newly announced transaction by Marcus & Millichap.

Retail
Eateries lease 6,000 sq. ft. in Florham Park, Goldstein Group says

Three restaurants have combined to lease nearly 6,000 square feet at a Florham Park shopping center, in a series of deals announced by The Goldstein Group.

Technology
Warren County solar farm fetches $3.5 million, C&W says

A new 49-acre solar farm in Warren County has changed hands for $3.5 million, under a transaction arranged by Cushman & Wakefield.

Retail
JDA Group acquires Starbucks, Bank of America property in Fort Lee

A developer and investment firm has acquired the site of a Starbucks and bank kiosk property in Fort Lee, marking an expansion into the Bergen County retail sector.

Industrial
WCRE: Camden County building sold, set to become headquarters for solar company

A former gym operator has sold a 35,000-square-foot commercial building in Camden County, under a newly announced deal by Wolf Commercial Real Estate.

Industrial
Stro, packaging business ink 37,000 sq. ft. warehouse lease in Fairfield

The Stro Cos. has leased 37,000 square feet of industrial space in Fairfield to a packaging company, providing the latter with a new long-term home along Route 46.