Deals

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

Office
Engineering firm inks 57,000 sq. ft. lease in Woodcliff Lake

An engineering firm is expanding into New Jersey with a newly announced, 57,000-square-foot lease at a Woodcliff Lake office building.

Office
Mortgage banker, child care among latest tenants at Marlton redevelopment

Two new tenants have committed to a 540,000-square-foot, mixed-use property in Marlton, where its owner is in the midst of a $70 million redevelopment project.

Retail
Net leased dollar store property sells for $2.1 million, Marcus & Millichap says

A developer has sold an 8,500-square-foot retail property in Elizabeth for more than $2 million, according to brokers with Marcus & Millichap who orchestrated the deal.

Residential & Mixed Use
North Bergen apartment building sells for $25.4 million

The developer of a newly built, 122-unit apartment building in North Bergen has sold the property for $25.4 million, in a sale brokered by The Kislak Co. Inc.

Retail
NAI Hanson brokers sale of Route 22 gas station

The new owner of a service station in Scotch Plains is set to modernize the 2,000-square-foot property, following a transaction brokered by NAI James E. Hanson.

Finance & Capital Markets
Procida finances three retail centers for $5.86 million

Procida Funding has closed on three loans for nearly $6 million that will support retail centers in Morris, Essex and Hunterdon counties, the Englewood Cliffs-based lender said recently.

Industrial
Duke announces 264,085 sq. ft. lease in Cranbury with lighting company

A lighting manufacturer is expanding its Northeast distribution center footprint as part of a recently announced, 264,085-square-foot lease in Cranbury with Duke Realty.

Industrial
Retail, warehouse property in East Brunswick changes hands

An investment group has acquired a 41,500-square-foot retail and warehouse property in East Brunswick, in a deal announced Thursday by Sheldon Gross Realty.

Industrial
BRC brokers Avenel industrial sale for $800,000

A party rentals company has acquired a 10,125-square-foot industrial building in the Avenel section of Woodbridge, according to brokers with Bussel Realty Corp.

Office
Bergman, Gottesman acquire Roseland office building

A joint venture has acquired a Roseland office building from Mack Cali Realty Corp., with plans to invest more than $1.5 million to improve the 94,000-square-foot property.