Deals

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

Residential & Mixed Use
Paterson rental property sells for $1.3 million, Marcus says

A private investor has sold a 13-unit apartment property in Paterson for nearly $1.3 million, under a newly announced transaction by Marcus & Millichap.

Retail
Fitness club inks 49,000 sq. ft. lease in Voorhees

A fitness operator has leased nearly 50,000 square feet to become the new anchor of a Camden County shopping center, according to Soloff Realty & Development Inc.

Office
Denholtz, consulting firm ink 5,200 sq. ft. lease in Red Bank

A telecommunications consulting firm has agreed to lease nearly 5,200 square feet at Denholtz Properties’ newly acquired, two-building office complex in Red Bank.

Residential & Mixed Use
CBRE touts Essex County apartment sales totaling $13.6 million

An investor has paid more than $7.3 million for a 47-unit apartment building in Orange, CBRE said, in the largest of four newly completed transactions in Essex County.

Retail
Wells Fargo takes 3,600 sq. ft. in Newark, Goldstein Group says

Wells Fargo Bank has relocated an existing branch to the site of a former mattress store in Newark’s Ironbound section, The Goldstein Group announced Monday.

Industrial
RHS Group adds 160,000 sq. ft. industrial asset in Linden

An investment firm has acquired a 160,000-square-foot light industrial building in Linden, with plans to upgrade the property in line with its value-add strategy.

Office
IT services, construction firms ink leases at Somerset office building, C&W says

Two tenants have combined to lease nearly 5,000 square feet at a two-building, 208,000-square-foot office building in Franklin Township, according to Cushman & Wakefield.

Industrial
Sign company takes 20,000 sq. ft. in South Plainfield

A provider of sign products and services has leased 20,000 square feet of industrial space in South Plainfield, Team Resources Inc. announced Friday.

Office
WCRE: Engineering firm inks 16,000 sq. ft. renewal in Haddon Heights

A consulting engineering firm has renewed its lease at a Camden County office building, under a newly announced transaction by Wolf Commercial Real Estate.

Office
NAI Hanson inks 8,000 sq. ft. medical office sale in New Providence

An optometry practice has acquired an 8,064-square-foot medical office building in New Providence, in a newly announced transaction by NAI James E. Hanson.