Deals

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

Office
CBRE inks sale of 75,000 sq. ft. Parsippany office building

Lincoln Property Co. has reaped $9 million from the sale of a three-story, 75,049-square-foot office building in Parsippany, brokers with CBRE announced Monday.

Retail
Vantage RES: Dealership finds new home in Camden County

An auto dealership has acquired a 23,000-square-foot building and a 1.6-acre lot in Pennsauken, in a transaction arranged by Vantage Real Estate Services.

Office
Education user takes 17,500 sq. ft. in Wayne, Newmark says

An educational services organization has leased 17,500 square feet at a Wayne office building, according to brokers with Newmark Associates who arranged the transaction.

Retail
Net-leased bank property in Aberdeen fetches $2.2 million, Marcus says

A private investor has purchased a nearly 3,500-square-foot bank property in Monmouth County, under a newly announced transaction by Marcus & Millichap.

Retail
WCRE: Burlington retail center changes hands, slated for renovations

A developer has acquired a 15,600-square-foot retail property in Burlington, where plans call for a series of renovations and the build-out of a new Dollar General store.

Office
Zimmel: Branchburg office building sold, eyed for community center

A community organization has acquired an 11,000-square-foot office building in Somerset County, under a newly announced transaction by Zimmel Associates.

Residential & Mixed Use
Woodbridge, Rahway apartment owner sells 87 units for $25.5 million

A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.

Office
C&W: Semiconductor maker takes 11,200 sq. ft. in Plainsboro

A maker of semiconductors has leased 11,200 square feet at a Princeton-area office building, under a transaction arranged by brokers with Cushman & Wakefield.

Residential & Mixed Use
West New York apartments sell for $2.1 million, Marcus says

A private investor has sold a 14-unit apartment property in Hudson County for more than $2 million, according to brokers with Marcus & Millichap.

Industrial
BRC inks 12,000 sq. ft. industrial sale in Springfield

An industrial flex building in Springfield has changed hands for nearly $2 million, Bussel Realty Corp. announced Wednesday.