Deals

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

Residential & Mixed Use
Iselin apartment building sold for $15.7 million, C&W says

An investment firm has sold a three-year-old, 48-unit apartment building in Woodbridge for nearly $16 million, in a transaction arranged by Cushman & Wakefield.

Retail
Maple Shade retail building sold for first time in 40 years

The longtime owner of a freestanding retail building in Burlington County has sold the property, under a newly announced transaction by Vantage Commercial.

Industrial
Kearny industrial building trades for $21 million, Marcus says

An investor has acquired a 135,000-square-foot industrial building in Kearny for more than $21 million, in a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Investor acquires Princeton apartments for $70 million

An investment firm has added to its holdings in New Jersey with its purchase of a six-year-old, 153-unit luxury apartment complex in Princeton for more than $70 million.

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.