Deals

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

Retail
Investor acquires grocery store property in Maplewood

An investor has purchased the former home of a Kings grocery store in Maplewood, under a recently announced transaction by Midtown Commercial Realty.

Retail
C&W: Investor acquires Bergen retail center for $13.5 million

An investment firm has acquired a fully leased, grocery-anchored shopping center in the southern tip of Bergen County, in a deal arranged by Cushman & Wakefield.

Industrial
Westwood industrial building trades for $1.6 million, Marcus says

A private buyer has acquired a Bergen County industrial building for nearly $1.6 million, under a newly announced transaction by Marcus & Millichap.

Retail
Jersey Mike’s leases 1,200 sq. ft. at Woodbridge shopping center, LMC says

The leasing team at a Woodbridge shopping center has brought the complex to full occupancy, having completed a 1,200-square-foot lease with Jersey Mike’s Subs.

Industrial
NAI Hanson, Van Houten complete sale of historic 108,000 sq. ft. building in Paterson

A joint venture has purchased a historic industrial complex in Paterson, paving the way for a potential adaptive reuse project alongside other redevelopment efforts in the city.

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.