Deals

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

New 60-unit apartment complex, part of Sparta town center project, sells for $15 million

A newly built, 60-unit apartment complex in Sussex County has changed hands for nearly $15 million, in a transaction arranged by Gebroe-Hammer Associates.

Crafts, fabrics chain renews for 30,000 sq. ft. in Paramus

A national crafts and fabrics chain has renewed its 30,000-square-foot lease in Paramus, in a newly announced transaction by The Goldstein Group.

BRC inks $1.3 million sale of Roselle industrial building

A nearly 12,000-square-foot industrial building in Union County has changed hands, following a sale arranged by brokers with Bussel Realty Corp.

Burlington County industrial building fetches $23 million, C&W says

The longtime owner of a Burlington County industrial building has sold the property for more than $23 million, under a newly announced transaction by Cushman & Wakefield.

Pet supplies shop, dim sum eatery coming to Galloway strip center

A pet supplies store and a restaurant will be the newest tenants at an Atlantic County shopping center, leasing a combined 5,482 square feet in deals brokered by Vantage Commercial.

Cresa inks off-market sale of four-building Bloomfield office park

Investment firm P3 Properties has sold a four-building office park in Bloomfield, in a newly announced transaction by Cresa’s New Jersey team.

Warren flex building trades for $3.9 million, Lee & Associates New Jersey says

A nearly 40,000-square-foot flex commercial building in Warren has changed hands for $3.9 million, following a transaction arranged by Lee & Associates New Jersey.

Saxum, Becker sell repositioned boutique office building in Montclair

Saxum Real Estate has announced the sale of a boutique office building in Montclair, following a multiyear effort to renovate and lease up the property with a joint venture partner.

Investment firm acquires 110,000 sq. ft. Princeton-area office building

An investment firm has continued its northward expansion in the state with its purchase of a two-building, 110,000-square-foot office complex in the Princeton submarket.

Meal kit delivery business takes 234,000 sq. ft. at Gloucester County industrial building

A meal kit delivery service has leased more than 230,000 square feet of new industrial space in Gloucester County, as it expands its footprint and looks to meet growing customer demand.