Deals

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

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.

Office
JLL: Office owner expands in Parsippany, acquires 550,000 sq. ft. complex

An investment group has acquired a two-building, 550,000-square-foot office complex in Parsippany, adding to its footprint after having revitalized an adjacent property.

Industrial
Logistics firm inks 96,000 sq. ft. sublease in Moonachie

A logistics firm for the fashion and lifestyle industry is taking more than 95,000 square feet of warehouse space in Moonachie, brokers with Team Resources Inc. announced.

Office
Vantage RES: Dentist buys Voorhees office building, plans first New Jersey location

A dental practice has expanded into New Jersey with its acquisition of a Voorhees office building, under a transaction arranged by Vantage Real Estate Services.

Office
NAI Mertz named leasing agent at 120,000 sq. ft. office building in Westmont

The owner of a Camden County office building has tapped NAI Mertz as its leasing agent, touting a location adjacent to rail service and a new $50 million town center development.