Deals

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

Deals
CBRE inks sale of self-storage development site in Montclair

A new self-storage facility is coming to Montclair after a developer’s purchase of about three-quarters of an acre near the downtown, brokers with CBRE announced Thursday.

Industrial
CBRE: Logistics firm takes 607,000 sq. ft. at new Bridge industrial park in Warren County

A logistics firm has committed to more than 600,000 square feet of industrial space in Phillipsburg, marking the latest tenant at a sprawling new campus along Interstate 78.

Residential & Mixed Use
Loft-style apartments in Newton trade for $22.6 million, Kislak says

An investor has purchased a 101-unit, loft-style apartment building in Newton for nearly $23 million, in a newly announced transaction by The Kislak Co. Inc.

Industrial
Dermody acquires, eyes upgrades at 72,000 sq. ft. warehouse in Moonachie

Dermody Properties has expanded its northern New Jersey industrial holdings with the acquisition of a roughly 72,000-square-foot building in Moonachie.

Industrial
NAI Hanson inks renewal, new lease at 71,000 sq. ft. warehouse in Parsippany

An industrial building in Parsippany is now fully leased after a pair of newly completed transactions by NAI James E. Hanson, the real estate services firm announced.

Residential & Mixed Use
Newark apartment building trades for $1.7 million, Marcus says

A private investor has sold a recently updated, 12-unit apartment building in Newark for more than $1.7 million, in a transaction by brokers with Marcus & Millichap.

Office
C&W: Cloud tech firm moves to Jersey City, leases 12,000 sq. ft.

A cloud and IT services firm is on the move along the Hudson waterfront, having leased 12,000 square feet at a Jersey City office tower.

Industrial
Logistics user takes 54,000 sq. ft. at Elizabeth industrial building

A logistics firm is moving to a newly renovated warehouse in Elizabeth, where it has leased 54,000 square feet as part of a deal announced Monday by NAI James E. Hanson.

Industrial
Union County warehouse trades for $1.2 million, BRC says

A buyer has paid nearly $1.2 million for a 7,100-square-foot industrial property in Union County, under a newly announced transaction by Bussel Realty Corp.

Industrial
Edison warehouse changes hands for $11 million, Zimmel says

An investment group has purchased a fully leased, 63,000-square-foot warehouse in Edison, in an $11 million transaction arranged by Zimmel Associates.