Deals

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

Retail
NAI Hanson: E-scooter company eyes first showroom, signs retail lease in Budd Lake

An online seller of electric bikes, scooters and motorcycles is opening its first showroom after signing a lease at a Morris County retail building, according to NAI James E Hanson.

Industrial
CBRE: Vineland industrial building sold to private equity firm, fetching $22 million

A private equity firm has expanded its industrial portfolio in the state with the purchase of a fully leased, 269,500-square-foot property in Vineland, according to brokers with CBRE.

Office
Investors Bank sells, leases back Robbinsville building in $20 million deal, C&W says

Investors Bank has sold and leased back its well-known office and retail building in Robbinsville, under a newly announced transaction by Cushman & Wakefield.

Office
Two new tenants coming to historic Jersey City office, retail building

Two new tenants have taken space at a historic commercial building in Jersey City, under a set of newly completed leases by Grid Real Estate.

Office
Bergman announces acquisition of Princeton office building, securing $14 million loan

A partnership led by Bergman Real Estate Group has acquired a 160,000-square-foot, Princeton-area office building from Mack-Cali Realty Corp.

Industrial
W.P. Properties, e-commerce firm ink 40,000 sq. ft. lease in Dover

W.P. Properties has leased 40,000 square feet in Morris County to a local e-commerce distributor, in the largest of several transactions at an industrial complex near Route 46.

Industrial
WCRE closes 10,000 sq. ft. flex building sale in Pennsauken

A construction business is relocating to a nearly 10,000-square-foot flex industrial building in Pennsauken after acquiring the property, according to Wolf Commercial Real Estate.

Residential & Mixed Use
East Orange, Irvington apartments change hands for $92.5 million

A joint venture has reaped more than $90 million from the sale of 702 apartments across two dozen buildings in Essex County, according to brokers with Marcus & Millichap.

Industrial
NAI Hanson: Forsgate acquires 157,000 sq. ft. industrial building in Wayne

Forsgate Industrial Partners has acquired a nearly 160,000-square-foot industrial building in Wayne, under a newly announced transaction by NAI James E. Hanson.

Industrial
Trucking firm buys former steel plant property in Boonton, JLL says

The owner of a former steel plant in Boonton has sold the 55,000-square-foot property, in a newly announced transaction by JLL.