Deals

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

Residential & Mixed Use
South Amboy rental property sells for $43 million, Gebroe-Hammer says

An investor has paid more than $40 million to acquire a newly built, 125-unit rental development in Middlesex County, in a transaction arranged by Gebroe-Hammer Associates.

Residential & Mixed Use
Marcus: Hudson County rental building fetches $14 million

A private owner has reaped $14 million from the sale of a 40-unit multifamily building in Hudson County, brokers with Marcus & Millichap announced Wednesday.

Office
Marketing, communications agency renews at Bridgewater office building

A marketing and communications firm has renewed its lease at a Bridgewater office building, under a newly announced transaction by NAI James E. Hanson.

Industrial
Garment supplier takes 23,000 sq. ft. in Hackensack, NAI Hanson says

A supplier of women’s garments has leased more than 20,000 square feet at a Hackensack industrial building, under a newly announced transaction by NAI James E. Hanson.

Deals
Congregation sells Bergen County building, eyes new home under recent merger

A congregation has sold its 22,000-square-foot home in Bergen County, as it integrates with another faith-based organization at a new location in a neighboring town.

Retail
Madison retail property sells for $5.9 million, Marcus says

A buyer has paid nearly $6 million to acquire a roughly 10,000-square-foot retail property in Madison, under a sale arranged by Marcus & Millichap.

Industrial
Pharma tenant expands, takes 10,000 sq. ft. in Rahway, Zimmel says

A pharmaceutical manufacturer is tripling its footprint in Rahway, having inked a 10,000-square-foot expansion at a five-building industrial park.

Office
Cherry Hill office tenant signs 5,500 sq. ft. renewal

A tenant at a Cherry Hill office building has renewed its 5,500-square-foot lease, according to brokerage firm Rose Commercial Real Estate.

Industrial
North Bergen industrial asset fetches $9.6 million, Connors Agency says

An 80,000-square-foot industrial building in Hudson County has changed hands for nearly $10 million, under a newly completed transaction by the William F. Connors Agency.

Retail
Chicken wing chain inks lease for Camden County pad site

A chicken wing chain is adding a new build-to-suit location in Camden County, following a transaction arranged by brokers with Vantage Real Estate Services.