Deals

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

Office
WCRE inks sale of medical office parcel in Mullica Hill

A developer has sold a nearly one-acre parcel in Gloucester County, where plans call for a medical office building that will tap into demand from a new hospital less than a mile away.

Office
Hillsborough medical office building sells for $5 million, Marcus says

A private buyer has paid more than $5 million for a 16,250-square-foot office building in Hillsborough, in a newly announced transaction by Marcus & Millichap Capital Corp.

Office
Clothing maker inks new lease with Sanzari, returns to Teaneck campus

A former tenant at the Glenpointe campus in Teaneck has returned to the 50-acre complex, under a newly completed lease with owner and developer Alfred Sanzari Enterprises.

Retail
West New York retail, office building trades for $6.5 million

A private investor has paid $6.5 million for a mixed-use, 21,000-square-foot building in West New York, in newly completed transaction by Marcus & Millichap Capital Corp.

Retail
Sherwin Williams takes space at Passaic redevelopment project

Sherwin Williams has expanded its footprint in northern New Jersey with the completion of a new lease in Passaic, brokers with The Goldstein Group announced this week.

Retail
NAI Hanson closes sale of Wells Fargo lot in Hackensack

Wells Fargo has sold a quarter-acre lot near Hackensack’s rapidly growing downtown, in a newly completed transaction by NAI James E. Hanson.

Industrial
Bridgewater industrial portfolio fetches $17.5 million, Zimmel says

A partnership has sold a two-building, 204,000-square-foot industrial complex in Bridgewater for $17.5 million, in a newly announced transaction by Zimmel Associates.

Retail
Atlantic County retail center fetches $60 million

A real estate investment firm has landed in Atlantic County for its largest purchase of the year to date, acquiring a nearly 400,000-square-foot retail power center for $60 million.

Industrial
Newmark broker inks 36,000 sq. ft. lease in Flanders, celebrates milestone

A tenant at a Flanders commercial building has signed a lease for nearly 36,000 square feet, in a transaction by a Newmark Associates broker who recently celebrated a milestone.

Office
Wayne office building trades for $6.4 million, Marcus says

A private investor has paid $6.4 million to acquire a 132,000-square-foot office building in Wayne, in a newly completed transaction by Marcus & Millichap.