Deals

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

Residential & Mixed Use
Vineland apartment complexes sell for $15.1 million, Kislak says

The longtime owner of two apartment complexes in Vineland has sold the properties for $15.1 million, according to The Kislak Co. Inc.

Industrial
Electronics seller inks renewal at Bergen County industrial building

A consumer electronics seller has renewed its lease at an 11,360-square-foot industrial building in Westwood, under a newly announced transaction by NAI James E. Hanson.

Industrial
Sitex adds to Meadowlands holdings, acquiring 30,000 sq. ft. warehouse in Carlstadt

Sitex Group has acquired a vacant 30,000-square-foot warehouse in Carlstadt, the latest addition to its portfolio of Meadowlands industrial buildings.

Industrial
Colliers inks 141,000 sq. ft. industrial sublease in Pennsauken

An auto parts businesses has subleased more than 140,000 square feet of industrial space in Pennsauken, under a newly announced transaction by Colliers International.

Industrial
NAI Hanson: E-commerce user takes 110,000 sq. ft. in North Bergen

A new tenant is coming to a North Bergen industrial building, where it will lease 110,000 square feet to use for e-commerce warehousing and distribution.

Industrial
REIT adds to South Jersey portfolio with 112,000 sq. ft. industrial building in Mount Laurel

A real estate investment trust has acquired a 112,000-square-foot industrial building in Mount Laurel, brokers with NAI Mertz announced Tuesday.

Industrial
CBRE: Freehold industrial building trades for $4.95 million

The owner of a 46,000-square-foot industrial building in Monmouth County has sold the property after seven years, under a newly announced transaction by CBRE.

Industrial
Logistics firm inks 4.2-acre trailer parking sublease in Newark

Bussel Realty Corp. has completed a sublease of 4.2 acres in Newark’s port district to a third-party logistics firm that will use the site for trailer parking.

Residential & Mixed Use
Ridgefield Park rental portfolio trades for $7.8 million, Marcus says

A private investor has acquired a 45-unit apartment portfolio in Ridgefield Park for nearly $8 million, in a newly announced transaction by Marcus & Millichap.

Office
JLL’s New Jersey team inks 224,000 sq. ft. office campus sale in Stamford

A national real estate investment firm has acquired a 224,000-square-foot office complex in Stamford Connecticut, in a deal arranged by JLL’s New Jersey capital markets team.