Deals

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

Residential & Mixed Use
Cervelli: 1031 buyer acquires nine-unit rental building in Jersey City

A nine-unit apartment building in Jersey City has changed hands, following a sale arranged by Cervelli Real Estate & Property Management.

Industrial
Furniture seller takes 71,000 sq. ft. in South Brunswick, BRC says

A furniture store owner has leased nearly 71,000 square feet at a South Brunswick industrial building, under a newly announced transaction by Bussel Realty Corp.

Industrial
Ballet company leases 16,600 sq. ft., eyes move to Florham Park

A historic dance company is in line to expand and relocate to nearly 17,000 square feet in Florham Park, following a transaction arranged by CBRE.

Retail
Goldstein Group inks 3,200 sq. ft. urgent care lease in Aberdeen

An urgent care franchise is expanding with a new 3,200-square-foot location in Aberdeen, where it has taken a space once occupied by a restaurant.

Office
Devli Group takes majority stake in Eatontown office complex

A joint venture has taken control of a fully leased, two-building office complex in Eatontown.

Health Care & Education
Medical office portfolio fetches $2 million, Colliers says

A private investor has paid $2 million for a fully leased, three-building medical office portfolio in Burlington County, brokers with Colliers International announced last week.

Retail
Vantage RES inks sale of Gloucester County retail center

An investor has acquired a nearly 20,500-square-foot shopping center in Gloucester County, under a newly announced transaction by Vantage Real Estate Services.

Office
Sanzari, law firm ink third expansion in 10 years in Hackensack

A law firm is expanding for the second time within Court Plaza, Alfred Sanzari Enterprises’ three-building, 335,000-square-foot office complex in Hackensack.

Office
Counseling service leases 600 sq. ft. in Chester, NAI Hanson says

A counseling service has taken 600 square feet at a Morris County office building, under a newly announced transaction by NAI James E. Hanson.

Industrial
Greek Development inks 67,000 sq. ft. lease at Bucks County industrial park

Greek Development has signed a new 67,200-square-foot lease at a 12-building, 1.7 million-square-foot industrial park just west of Burlington County.