Deals

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

Residential & Mixed Use
Workforce housing developer, investor acquires Jersey City portfolio for $21.5 million

A firm that specializes in mixed-income and workforce housing is expanding to New Jersey, acquiring a nine-building, 74-unit portfolio in Jersey City for $21.5 million.

Industrial
Developer closes on nine-acre industrial site in Burlington, WCRE says

A developer has acquired nine acres inside a Burlington industrial park, seeking to tap into the surging demand for warehouse and logistics space in the region.

Office
Vantage Commercial inks sale of 8,500 sq. ft. office condo in Moorestown

A commercial condominium in Moorestown has changed hands for an undisclosed price, in a newly announced transaction by Vantage Commercial.

Industrial
Stro acquires 78,000 sq. ft. Fairfield warehouse, Sheldon Gross says

The Stro Cos. has acquired an industrial building in Fairfield for $8.75 million, in a newly announced transaction by Sheldon Gross Realty.

Industrial
Trucking firm leases 29,000 sq. ft. in Elizabeth, NAI Hanson says

A trucking company has taken nearly 29,000 square feet of warehouse and distribution space in the heart of Elizabeth’s port district, according to brokers with NAI James E. Hanson.

Office
AY: Ophthalmology, retina group inks 37,000 sq. ft. headquarters lease in Berkeley Heights

An ophthalmology and retina group has leased nearly 36,000 square feet of office space in Berkeley Heights, under a transaction announced Wednesday by Avison Young.

Industrial
NAI Hanson: Distributor finds new home in Fairfield, takes 10,400 sq. ft.

An appliance wholesaler is relocating within Fairfield after signing a 10,400-square-foot industrial lease in the township, brokers with NAI James E. Hanson announced.

Retail
Smoothie, acai bowl shop coming to Denholtz project in Red Bank

Denholtz Properties has landed its first retail tenant at a new mixed-use project in Red Bank, inking a lease with a locally based juice, smoothie and acai bowl shop.

Industrial
Diversified, Hampshire affiliates buy Montville industrial portfolio, Resource Realty says

A joint venture has closed on a five-building, 100,000-square-foot industrial portfolio in Montville, in a newly announced transaction by Resource Realty of Northern New Jersey.

Office
Larken, consulting firm ink 1,800 sq. ft. lease in Branchburg

A workspace consulting firm is moving to an office complex in Branchburg, where it is taking more than 1,800 square feet under a lease with Larken Associates.