Deals

Progress inks $5.3 million loan for Hudson County apartment deal

Progress Capital Advisors has brokered a nearly $5.3 million loan for a client to acquire a 44-unit apartment building in Hudson County, the mortgage brokerage firm announced.

Residential & Mixed Use

Mixed-use Chatham property fetches $3.1 million, Redwood Realty says

An investor has paid more than $3 million for a 12,000-square-foot, mixed-use property in Chatham, in a deal announced this week by Redwood Realty Advisors.

Industrial

Sheldon Gross touts 41,000 sq. ft. renewal with flooring company

A flooring company has renewed its lease at a nearly 80,000-square-foot building in Fairfield, in a transaction managed by Sheldon Gross Realty.

Industrial

Rockaway industrial building sells for $4.25 million, Newmark says

A private investor has acquired a 38,700-square-foot industrial building in Rockaway for $4.25 million, in a recent 1031 exchange arranged by Newmark Associates.

Office

NAI Hanson: Children’s play space business leases 4,600 sq. ft. in Chatham

A new business geared toward child recreation is set to open in Chatham, following a 4,580-square-foot office lease arranged by NAI James E. Hanson.

Residential & Mixed Use

Bergen, Passaic multifamily sales total $22.6 million, Gebroe-Hammer says

Nearly 150 apartments have changed hands in Bergen and Passaic counties, following three sales totaling $22.6 million in value announced this week by Gebroe-Hammer Associates.