Deals

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

Industrial
Value-add Meadowlands warehouse sells for $7.8 million, HFF says

An investment group has acquired a nearly 72,000-square-foot industrial building in Carlstadt, under a $7.77 million sale arranged by HFF.

Retail
Retailers ink 9,500 sq. ft. at new Jersey City rental project

Five retailers have combined to lease nearly 10,000 square feet on the ground floor of a newly built, 163-unit luxury apartment building on the west side of Jersey City.

Industrial
AY: Food distributor leases 101,000 sq. ft. in Fair Lawn

A food company has taken more than 100,000 square feet in Fair Lawn for a new packaging and distribution facility, brokers with Avison Young said Monday.

Industrial
Former Wayne lacrosse center lands new tenant, Zimmel says

A freestanding, 40,600-square-foot recreational center in Wayne has a new occupant, following a transaction announced by Zimmel Associates

Industrial
Cabinetry importer takes 111,000 sq. ft. in Ridgefield, Lee & Associates says

An importer and distributor of cabinetry has leased 111,000 square feet at a new industrial building in Ridgefield, in one of several newly announced transactions by Lee & Associates.

Industrial
Self-storage REIT acquires 1,900-unit Newark property

An investment group has acquired a 158,000-square-foot warehouse and self-storage building in Newark, where it’s planning a series of upgrades and a new marketing campaign.

Residential & Mixed Use
One Wall touts acquisition of 1,000-unit Pennsylvania portfolio

One Wall Partners, a Newark-based owner of transit-oriented workforce housing, has expanded its portfolio with the acquisition of nearly 1,000 apartments in eastern Pennsylvania.

Industrial
Lyndhurst warehouse fetches $4 million, slated for self-storage redevelopment

A regional real estate firm has acquired a 28,000-square-foot warehouse in Lyndhurst, under a newly announced, $4 million deal by Team Resources Inc.

Retail
Vantage RES touts new retail leases in Voorhees

Two retailers have inked new leases at a Voorhees shopping center, under a set of newly announced transactions by Vantage Real Estate Services.

Industrial
Colony acquires Mahwah industrial building, seals North Jersey portfolio deal

Colony Capital Inc. has closed on its acquisition of a newly built, 271,176-square-foot distribution center in Mahwah, completing an 11-building portfolio sale that began last spring.