Deals

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

Food user acquires 18,000 sq. ft. industrial building in Newark, BRC says

A specialty foods distributor has acquired an 18,000-square-foot industrial building in Newark for nearly $3 million, Bussel Realty Corp. said Tuesday.

Newark: RBH inks retail leases at Rutgers student housing project

Five retail tenants have agreed to lease space at RBH Group’s new 320,000-square-foot student housing and academic building in downtown Newark.

WCRE inks sale of 30,000 sq. ft. office building in Cherry Hill

An investor has acquired a fully leased, 30,000-square-foot office building in Cherry Hill.

NIA National Realty inks sale of office, flex buildings in Bergen County

A hospital system has acquired an 8,400-square-foot office building in Paramus, in one of two newly completed transactions by NIA National Realty.

Lighting business acquires 5,500 sq. ft. building in Middlesex

An event lighting company has purchased a 5,500-square-foot flex building in Middlesex Borough, the Boniakowski Commercial Real Estate Group announced recently.

Denholtz inks 12,000 sq. ft. renewal at upgraded Red Bank office building

A tenant at Denholtz Properties’ new-look headquarters building in Red Bank has renewed its lease for more than 12,000 square feet, the landlord said Wednesday.

Mixed-use Jersey City building trades for $1.25 million, Cervelli says

A multifamily buyer has added 12 apartments in Jersey City, following a newly completed transaction by Cervelli Real Estate & Property Management.

Fairfield rental complex fetches $14 million in 1031 exchange deal

A newly built, 34-unit apartment complex in Fairfield has changed hands for nearly $14 million, following a transaction arranged by The Kislak Co. Inc.

Merchandiser takes 23,000 sq. ft. at Moonachie warehouse

A high-end wholesale merchandiser has leased 23,000 square feet of warehouse space in Bergen County, under a newly announced transaction by Team Resources Inc.

Stro, NAI Hanson tout 28,000 sq. ft. industrial lease in Elmwood Park

A kosher foods distributor has leased 27,600 square feet at a flex industrial building in Elmwood Park, brokers with NAI James E. Hanson announced.