Deals

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

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.

Office
Residential brokerage leases 5,600 sq. ft. in Cherry Hill, Vantage Commercial says

A residential real estate brokerage has leased more than 5,600 square feet of office space in Cherry Hill, in a deal arranged by Vantage Commercial.

Residential & Mixed Use
Marcus inks $8.8 million sale of Burlington retail center

A private investor has purchased a nearly 10,000-square-foot retail property in Burlington for $8.8 million, brokers with Marcus & Millichap announced Thursday.

Residential & Mixed Use
C&W: Cliffside Park apartment, medical office property fetches $6.1 million

An investor has acquired a multifamily and medical office property in Cliffside Park for $6.1 million, under a newly announced transaction by Cushman & Wakefield.

Hospitality & Tourism
Kushner affiliate adds Long Branch parcel, completing site for oceanfront hotel

An affiliate of Kushner Cos. has completed an assemblage in Long Branch to pave the way for the development of a new oceanfront hotel, in a deal arranged by The Kislak Co. Inc.