Deals

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

Residential & Mixed Use
Luxury apartment, retail complex in Metuchen sells for $30 million

The developer of a two-year-old luxury residential and retail complex in Metuchen has sold the property for nearly $30 million, in a transaction arranged by JLL.

Retail
Cabinet maker acquires Camden County retail property, Vantage RES says

A cabinetry business has acquired a 3,150-square-foot retail building in Camden County, under a newly announced transaction by Vantage Real Estate Services.

Residential & Mixed Use
Marcus inks $7.5 million fractured condo sale in Toms River

An investment group has paid more than $7.5 million to acquire a 52-unit fractured condominium package in Toms River, according to Marcus & Millichap.

Office
Nonprofit finds new headquarters, acquires mixed-use building in Hawthorne

A nonprofit has acquired a nearly 11,000-square-foot building in Hawthorne, with plans to use the mixed-use property as its new headquarters and fourth location.

Residential & Mixed Use
JLL: Newly developed rental building in Jersey City sells for $53 million

A joint venture has sold a newly built, 104-unit apartment building in Jersey City’s Bergen-Lafayette neighborhood, in a $53 million transaction brokered by JLL.

Residential & Mixed Use
Brooklyn landlord sells 255-unit Newark portfolio for $22 million

An eight-building, 255-unit apartment portfolio in Newark has changed hands for more than $22 million, following an off-market transaction arranged by Alpha Realty.

Office
KBS touts 51,000 sq. ft. in leasing activity at Woodbridge office complex

A subtenant at a Woodbridge office park has signed a new direct lease for nearly 19,000 square feet, in the largest of six transactions announced Wednesday by KBS.

Residential & Mixed Use
Hudson County rental portfolio trades for $65 million, Gebroe-Hammer says

A portfolio of 400 apartments across northern Hudson County has changed hands for $65 million, following a transaction arranged by Gebroe-Hammer Associates.

Industrial
NAI Hanson: Industrial tenants lease 87,000 sq. ft. in South Hackensack

The owner of a South Hackensack industrial building has inked three leases for a total of nearly 87,000 square feet, brokers with NAI James E. Hanson announced Tuesday.

Industrial
Seagis completes new leases in Linden, Carteret, BRC says

Three tenants have combined to lease more than 30,000 square feet of industrial space in Linden and Carteret, taking space at buildings owned by Seagis Property Group.