Deals

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

Office
Nonprofit signs long-term lease in Camden County, Vantage Commercial says

A social services agency in southern New Jersey has signed a new long-term lease in Lindenwold, under a transaction announced Friday by Vantage Commercial.

Retail
Net-leased retail property in Paterson trades for $34 million, Newmark says

A family office has sold a net-leased Home Depot property in Paterson for $34 million, under a newly completed transaction by Newmark.

Retail
Jersey Shore retail property trades for $6.8 million

A private owner has reaped nearly $7 million from the sale of a Jersey Shore retail property, according to brokers with Marcus & Millichap.

Residential & Mixed Use
Kislak inks $16.4 million sale of age-restricted complex in Hamilton

A large multifamily owner has expanded its portfolio in the state, acquiring 75 units and an adjacent development site at an active adult community in Hamilton.

Industrial
Bridge, furniture maker ink 309,000 sq. ft. lease in Somerset, NAI DiLeo-Bram says

A furniture manufacturer has leased more than 300,000 square feet at Bridge Development Partners’ newly built industrial park in Franklin Township, NAI DiLeo-Bram & Co. announced.

Residential & Mixed Use
Ironstate, Brookfield announce three retail, medical leases at Montclair project

A joint venture has signed its first three commercial tenants at a soon-to-be-completed, mixed-use project in downtown Montclair, inking leases with an arts education school, an indoor rock-climbing gym and a well-known health care provider.

Residential & Mixed Use
Mixed-use building in Hudson County trades for $1.3 million, Marcus says

A private investor has acquired a mixed-use property in Union City for more than $1.3 million, under a newly announced transaction by Marcus & Millichap.

Office
Equity inks sale of 3,600 sq. ft. office building in Elmwood Park

An office building on Route 46 in Elmwood Park has changed hands for more than $750,000, in a transaction arranged by Equity Real Estate Brokerage LLC.

Retail
Four tenants join Advance retail center in Paramus, leasing 11,000 sq. ft.

Advance Realty Investors has added four tenants at a newly developed retail center in Paramus, where it has also tapped Newmark as its leasing agent.

Industrial
Contractor acquires 12,000 sq. ft. industrial building in Pennsauken

A sheet metal contractor is relocating to a flex industrial building in Pennsauken after acquiring the 12,000-square-foot property, according to Wolf Commercial Real Estate.