Deals

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

Residential & Mixed Use
Journal Square apartment buildings fetch $10 million, Gebroe-Hammer says

The longtime owner of two Jersey City apartment buildings has sold the 57-unit portfolio for nearly $10 million, in a newly announced transaction by Gebroe-Hammer Associates.

Residential & Mixed Use
Bergen County apartment portfolio trades for $19.2 million

A development and investment firm has sold an 85-unit multifamily portfolio in Bergen County for more than $19 million, according to brokers with The Kislak Co. Inc.

Office
CBRE, Eastman ink three law firm leases in Livingston

Three law firms have leased a combined 11,000 square feet of office space in Livingston, in a series of newly completed transactions by CBRE.

Residential & Mixed Use
Investor, acquires plans conversion of mixed-use Bergenfield building, NAI Hanson says

An investor has acquired a 5,000-square-foot mixed-used building in Bergenfield, with plans to bring new apartments to the property’s ground-floor spaces.

Office
JLL: Fragrance, flavor supplier extends 21,000 sq. ft. lease in Saddle Brook

A global supplier of fragrances, flavors and other products has extended its lease at a Saddle Brook office building, where it occupies more than 21,000 square feet.

Retail
Lidl opens 28,000 sq. ft. grocery store in North Brunswick, LMC says

German discount grocery chain Lidl has added to its footprint in New Jersey with the debut of a new 28,000-square-foot store in North Brunswick.

Office
CBRE inks leases with exporter, law firm at Florham Park office building

An exporter and a law firm have combined to lease more than 6,000 square feet at a Florham Park office building, in a set of newly announced transactions by CBRE.

Industrial
New York investment firm adds Sparta self-storage complex

An investment firm has purchased a 58,000-square-foot self-storage facility in Sparta, marking its second recent acquisition in New Jersey.

Office
LPC: Mortgage lender renews 2,900 sq. ft. lease in Basking Ridge

A mortgage lender has extended its lease at a two-building office complex in Basking Ridge, where it occupies nearly 3,000 square feet.

Industrial
Developer sells 1.2 million sq. ft. industrial portfolio in Pennsauken, Colliers says

The original developer of two large industrial parks in Camden County has sold the 32-building, 1.2 million-square-foot portfolio, in a newly completed transaction by Colliers International.