Deals

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

Residential & Mixed Use
Gebroe-Hammer inks $12 million sale of 88-unit apartment portfolio in East Orange

A private investor has purchased a two-building, 88-unit apartment portfolio in East Orange for nearly $12 million, according to a brokerage team with Gebroe-Hammer Associates.

Office
Solar company takes 9,000 sq. ft. in Jersey City office deal, C&W says

A solar energy company has leased more than 9,000 square feet of office space in Jersey City, in a newly announced transaction by Cushman & Wakefield.

Retail
LMC: Poke bowl shop takes 2,400 sq. ft. at Flemington shopping center

An Asian fusion restaurant has committed to a new location in Flemington, having leased more than 2,000 square feet inside a prominent shopping center in the borough.

Industrial
GM Realty brokers sale of 60,000 sq. ft. warehouse in Somerset

A home fashions distributor has acquired a 60,000-square-foot industrial building in the Somerset section of Franklin, in a newly completed transaction by GM Realty Advisors Inc.

Industrial
Hartz, grocery distributor ink 16,000 sq. ft. lease in North Bergen, KenKap says

A grocery distributor has taken more than 16,000 square feet of industrial space in North Bergen, under a deal arranged by KenKap Realty Corp.

Retail
Jamaican eatery signs lease at Haddon Heights shopping center

A Jamaican restaurant is joining the tenant roster at a Camden County shopping center, brokers with Vantage Commercial announced Friday.

Industrial
JLL New Jersey team closes $50 million industrial sale on Long Island

A joint venture has sold a nearly 240,000-square-foot distribution center on Long Island for $50 million, in a transaction by JLL’s New Jersey-based capital markets team.

Residential & Mixed Use
Developer acquires Teaneck apartment, hotel parcel for $10 million, Marcus says

A development site that could house a new apartment complex or hotel has changed hands in Teaneck, in a newly announced transaction by Marcus & Millichap.

Industrial
Joint venture buys fully leased, 66,000 sq. ft. Jersey City warehouse for $21.7 million

A joint venture has acquired a nearly 66,000-square-foot warehouse in Jersey City for $21.7 million, expanding its portfolio in a key northern New Jersey submarket.

Residential & Mixed Use
Kislak: Linden apartments trade for $21 million, marking first sale in 75 years

The developer of a 120-unit apartment complex in Linden has sold the property after nearly 75 years, in a newly announced transaction by The Kislak Co. Inc.