Deals

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

Capital Realty inks $2.25 million multifamily sale in Jersey City

An investor has paid $2.25 million for a pair of multifamily buildings in Jersey City, in a transaction arranged by Capital Realty Associates.

Manufacturer takes nearly 32,000 sq. ft. in Saddle Brook

A maker of plastic products has leased more than 30,000 square feet of industrial space in Saddle Brook, brokers with NAI James E. Hanson announced Wednesday.

Team Resources inks 23,000 sq. ft. lease in Moonachie

A wholesale merchandiser has signed a full-building lease at a 23,000-square-foot warehouse in Moonachie, under a newly announced transaction by Team Resources Inc.

JLL: Mahwah investor expands out of state, acquires medical office asset in Syracuse

A Mahwah-based commercial real estate investor has acquired a two-building medical office complex in Syracuse, New York, in an $18 million sale arranged by JLL.

Paterson rental property sells for $1.3 million, Marcus says

A private investor has sold a 13-unit apartment property in Paterson for nearly $1.3 million, under a newly announced transaction by Marcus & Millichap.

Fitness club inks 49,000 sq. ft. lease in Voorhees

A fitness operator has leased nearly 50,000 square feet to become the new anchor of a Camden County shopping center, according to Soloff Realty & Development Inc.

Denholtz, consulting firm ink 5,200 sq. ft. lease in Red Bank

A telecommunications consulting firm has agreed to lease nearly 5,200 square feet at Denholtz Properties’ newly acquired, two-building office complex in Red Bank.

CBRE touts Essex County apartment sales totaling $13.6 million

An investor has paid more than $7.3 million for a 47-unit apartment building in Orange, CBRE said, in the largest of four newly completed transactions in Essex County.

Wells Fargo takes 3,600 sq. ft. in Newark, Goldstein Group says

Wells Fargo Bank has relocated an existing branch to the site of a former mattress store in Newark’s Ironbound section, The Goldstein Group announced Monday.

RHS Group adds 160,000 sq. ft. industrial asset in Linden

An investment firm has acquired a 160,000-square-foot light industrial building in Linden, with plans to upgrade the property in line with its value-add strategy.