Deals

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

Residential & Mixed Use
Paterson apartment portfolio trades for $2.9 million

A private investor has sold a two-building, 22-unit apartment portfolio in Paterson for nearly $2.9 million, brokers with Lee & Associates New Jersey announced Wednesday.

Industrial
Utility contractor renews 14,000 sq. ft. lease in Mercer County, NAI DiLeo-Bram says

A contractor has renewed its nearly 14,000-square-foot lease at a Robbinsville industrial building, under a newly announced deal by NAI DiLeo-Bram & Co.

Industrial
Tulfra inks 7,500 sq. ft. lease in Whippany with 3D printing company

Tulfra Real Estate has added to its tenant roster at a Hanover commercial property, where it has signed a lease for more than 7,500 square feet with a 3D printing company.

Retail
C&W: Investment firm acquires Burlington County furniture store property for $9.9 million

An investment firm has acquired a Macy’s Furniture Gallery store in Burlington County, in a newly completed transaction by Cushman & Wakefield.

Office
Investor acquires 32,000 sq. ft. Rutherford office building, Colliers says

A private investor has purchased a fully leased, multitenant office building in Rutherford, under a newly announced transaction by Colliers International.

Retail
Global bakery chain taps CBRE, eyes 1,000 new locations in North America

A bakery and café concept has retained a New Jersey-based team with CBRE to spearhead its expansion throughout North America.

Office
Larken, cargo security firm ink 6,400 sq. ft. renewal in Branchburg

Larken Associates has announced a renewal with a tenant at a 90,000-square-foot office building along Route 22 in Somerset County.

Industrial
Tenant leases 22,000 sq. ft. for warehouse, headquarters space in Linden, BRC says

An industrial user has taken more than 22,000 square feet in Linden, under a newly announced deal by Bussel Realty Corp.

Office
Cherry Hill office, lab building changes hands in latest Vantage Commercial deal

A waterproofing and building repair business has acquired an office and laboratory building in Cherry Hill, brokers with Vantage Commercial announced last week.

Residential & Mixed Use
Marcus: Asbury Park lot zoned for 80 apartments trades for $2.2 million

A private investor has acquired an approved multifamily development site in Asbury Park for more than $2 million, brokers with Marcus & Millichap announced Wednesday.