Deals

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

Retail
Sheldon Gross inks sale of East Hanover strip center

An investor has purchased a nearly 27,000-square-foot strip mall in East Hanover, under a newly completed transaction by Sheldon Gross Realty.

Residential & Mixed Use
Joint venture acquires luxury rental building in Parsippany for $68 million

The developer of a two-year-old, 212-unit apartment building in Parsippany has sold the property, reportedly for nearly $70 million.

Retail
Burlington County retail center trades for $1 million, Marcus says

A private buyer has acquired a nearly 12,000-square-foot retail property in Burlington County, under a newly announced transaction by Marcus & Millichap.

Industrial
Developer sells 10,400 sq. ft. industrial building in Sparta, NAI Hanson says

A developer has sold a 10,400-square-foot speculative industrial building in Sparta, under a newly announced transaction by NAI James E. Hanson.

Industrial
Sitex adds 172,000 sq. ft. Meadowlands warehouse, two other sites

Sitex Group has acquired a 172,000-square-foot warehouse in Lyndhurst, in the largest of three newly announced additions by the real estate investment firm.

Retail
Goldstein Group inks sale of fast food property in Hudson County

A fast food property in Hudson County has changed hands for an undisclosed price, in one of two newly announced transactions by The Goldstein Group.

Deals
Italian distributor acquires ex-restaurant property in Kenilworth, DiLeo-Bram says

An industrial equipment distributor has purchased the site of a shuttered restaurant in Union County, brokers with NAI DiLeo-Bram & Co. announced Friday.

Retail
Counseling service inks lease at mixed-use site in Burlington County

A counseling service has signed a long-term lease within a mixed-use property in Burlington County, brokers with Vantage Real Estate Services announced Friday.

Residential & Mixed Use
Kislak brokers sale of four-building, 56-unit rental portfolio in Newark

A multifamily owner has reaped nearly $8 million from the sale of a four-building, 56-unit portfolio in Newark, following a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Investor sells mixed-use Bayonne property for $2 million, Marcus says

A private investor has sold a 6,900-square-foot mixed-use building in Bayonne, under a newly announced transaction by Marcus & Millichap.