Deals

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

Residential & Mixed Use
Invel Capital buys 111-unit Waldwick rental property for $39 million

Invel Capital has acquired a 111-unit multifamily property in Waldwick for $39 million, adding an asset that was built less than a decade ago and is steps from NJ Transit rail service.

Industrial
Logistics firm takes 150,000 sq. ft. at new warehouse in Lawrence Twp., Avison Young says

Alcamo Capital has landed a tenant for a newly developed warehouse in Lawrence Township, inking a lease for more than 150,000 square feet under a deal arranged by Avison Young.

Industrial
Appco Pharma expands to 27,000 sq. ft. at Piscataway industrial building, BRC says

A generic drug company has expanded to more than 27,000 square feet at a Piscataway industrial building, in a newly announced deal by Bussel Realty Corp.

Office
Accordia inks 7,000 sq. ft. renewal at Fairfield office building, in one of three new deals by firm

Accordia has announced three new office deals in the region, including a nearly 7,000-square-foot lease renewal at its Greenbrook Executive Center in Fairfield.

Industrial
Investors buy South Plainfield industrial outdoor storage site for $33 million, NAI Hanson says

An investment group has acquired a nearly nine-acre industrial outdoor storage site in South Plainfield for $33.25 million, in a newly announced deal by NAI James E. Hanson.

Retail
Retail properties in Paramus, Wayne change hands in latest deals by The Goldstein Group

A business owner has acquired a nearly 17,000-square-foot retail building in Paramus, in one of two newly announced deals by The Goldstein Group.

Deals
Newmark Associates: New Testament Ministries buys 23,000 sq. ft. Somerset County facility

A new congregation is coming to a 23,000-square-foot facility in Bernards Township after a sale involving two faith-based organizations, brokers with Newmark Associates CRE said.

Industrial
SL Industrial Partners adds 17-building, 925,000 sq. ft. portfolio outside Chicago

SL Industrial Partners has more than doubled its footprint in the Chicago area after buying more than 925,000 square feet of industrial flex space across three business parks.

Office
Onyx, Porzio Bromberg ink 43,000 sq. ft. lease as Parsippany campus adds another law firm

Onyx Equities has lured another law firm to The Arbors @ Parsippany office campus, leasing more than 43,000 square feet to a practice that has spent nearly 65 years in the Morristown area.

Retail
Credit union inks sale-leaseback for Pleasantville bank building, Vantage Commercial says

A credit union has sold and leased back a 6,500-square-foot bank building in Pleasantville as part of a recent transaction arranged by Vantage Commercial.