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Faropoint adds 151,000 sq. ft. Branchburg industrial building for $24 million, C&W says

Faropoint adds 151,000 sq. ft. Branchburg industrial building for $24 million, C&W says

by Joshua Burd | Jan 31, 2023

3140 Route 22 in Branchburg — Courtesy: Cushman & Wakefield By Joshua Burd Investment firm Faropoint has purchased a 151,000-square-foot industrial building in Branchburg for nearly $24 million, in a deal arranged by Cushman & Wakefield. The brokerage team,...
Weichert, Weiss complete sale of 3,600 sq. ft. Fort Lee synagogue building

Weichert, Weiss complete sale of 3,600 sq. ft. Fort Lee synagogue building

by Joshua Burd | Jan 31, 2023

1641 Anderson Ave. in Fort Lee — Courtesy: Weiss Realty By Joshua Burd The Fort Lee Jewish Community Center has completed the sale of a synagogue property in the borough, according to brokers with Weichert Realty and Weiss Realty. Located at 1641 Anderson Ave., the...
Cervelli: Three-building, 36-unit rental property in Jersey City trades for $4.9 million

Cervelli: Three-building, 36-unit rental property in Jersey City trades for $4.9 million

by Joshua Burd | Jan 30, 2023

169-175 Ocean Ave. in Jersey City — Courtesy: Cervelli Real Estate By Joshua Burd A longtime owner has sold a three-building, 36-unit apartment property in Jersey City for $4.9 million, in a newly announced deal by Cervelli Real Estate. According to the brokerage...
CBRE touts completion of 60 net-lease deals in 2022 by Mid-Atlantic team

CBRE touts completion of 60 net-lease deals in 2022 by Mid-Atlantic team

by Joshua Burd | Jan 30, 2023

McDonald’s at 846 Route 17 in Ramsey — Courtesy: CBRE By Joshua Burd Demand for net-leased investment properties is holding strong in the region, despite climbing interest rates, following a healthy year by a CBRE brokerage team focused on the asset class. The firm...
Sanzari, oncology network ink 5,500 sq. ft. lease at Glenpointe

Sanzari, oncology network ink 5,500 sq. ft. lease at Glenpointe

by Joshua Burd | Jan 30, 2023

Glenpointe in Teaneck — Courtesy: Alfred Sanzari Enterprises By Joshua Burd An oncology network has moved to Teaneck after leasing nearly 5,500 square feet at Alfred Sanzari Enterprises’ flagship office campus in the township. The provider, Regional Cancer Care...
AEP, Valley Health ink 23,000 sq. ft. office lease in Paramus, C&W says

AEP, Valley Health ink 23,000 sq. ft. office lease in Paramus, C&W says

by Joshua Burd | Jan 27, 2023

Paramus Corporate Center at 95 North Route 17 in Paramus — Courtesy: Cushman & Wakefield By Joshua Burd American Equity Partners has signed a deal to bring a new health care tenant to a nearly 120,000-square-foot office building in Paramus, brokers with Cushman...
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