Deals

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

Mixed-use Morris County property sells for $1.3 million, Marcus says

A private investor has sold a 10,650-square foot mixed-use property in Morris County, in a nearly $1.3 million sale arranged by Marcus & Millichap.

PSE&G acquires Newark lot for $1 million

Public Service Electric & Gas has acquired a vacant lot in downtown Newark for $1 million, according to brokers with Sitar Realty Co.

HFF: Investor buys 120,000 sq. ft. Morris County office building

An investment group has acquired a recently renovated, 120,000-square-foot office building about two miles from downtown Morristown, brokers with HFF announced Wednesday.

Life sciences firm renews for 10,400 sq. ft. in East Rutherford, Garibaldi says

A life sciences company has renewed its nearly 10,400-square-foot lease in East Rutherford, where it has maintained its headquarters for nearly 30 years.

Gebroe-Hammer touts $18.2 million in New Jersey apartment sales

More than 130 apartments in Bergen, Essex and Union counties have changed hands for a combined $18.18 million, following a series of transactions by Gebroe-Hammer Associates.

Hudson County rental building sells for $10.3 million

An investor has acquired a 32-unit apartment building in West New York for $10.3 million, in one of two recent Hudson County deals arranged by CBRE.

Three tenants take 83,000 sq. ft. at Ridgefield Park office building

Three companies have joined the roster at a 310,000-square-foot office building in Ridgefield Park, where they have signed a total of more than 83,000 square feet.

WCRE touts 4,200 sq. ft. medical office lease in Cherry Hill

A health care services company has leased more than 4,000 square feet at a medical office building in Cherry Hill, under a deal arranged by Wolf Commercial Real Estate.

Logistics firm takes 526,000 sq. ft. in South Brunswick, Lee & Associates says

A multinational logistics firm has leased more than 500,000 square feet at a Prologis-owned building in South Brunswick, in a newly announced transaction by Lee & Associates.

HFF: Newark industrial parcel sells for $8.2 million

A developer has paid more than $8 million for a 4.5-acre parcel near Newark Liberty International Airport, where it now plans to build an 80,000-square-foot industrial building.