Deals

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

Residential & Mixed Use
Kislak: Salem County rental complex sells for $14.3 million

A nearly 200-unit apartment complex in Salem County has changed hands for the second time in less than two years, following a $14.3 million deal brokered by The Kislak Co. Inc.

Residential & Mixed Use
Investment firm buys 168-unit rental complex in Newton

An investment and property management firm has acquired a 168-unit apartment property in Sussex County for $18 million, with plans to add value through a series of renovations.

Retail
Russo inks leases with Chipotle, Panera at mixed-use Union project

Two well-known quick service restaurants have signed on to Russo Development’s new mixed-use project in Union, where the first retailers and residents are expected to arrive this summer.

Office
Colliers inks lease, subsequent sale of Camden County medical office building

A medical office building in Camden County has changed hands after inking a lease with an area health system, in a series of transactions completed by Colliers International.

Office
Voorhees medical office building trades for $3.6 million

A contractor has acquired a 20,000-square-foot medical office building in Voorhees for more than $3.6 million, under a newly announced transaction by Rose Commercial Real Estate.

Office
Law firm takes 9,100 sq. ft. in Cherry Hill

A law firm is relocating to a new space in Cherry Hill as part of a recently announced, 9,117-square-foot lease by Rose Commercial Real Estate.

Office
WCRE: Service organization inks 7,500 sq. ft. lease in Burlington

A faith-based service organization has taken 7,500 square feet of office space in Burlington, under a newly completed transaction by Wolf Commercial Real Estate.

Office
Mack-Cali closes on 272,000 sq. ft. office tower in Metropark, C&W says

Mack-Cali Realty Corp. has completed its acquisition of a nearly 272,000-square-foot office building in Woodbridge, adding to its holdings in the Metropark submarket.

Industrial
Grocery distributor takes 18,000 sq. ft. in Hillside, BRC says

A grocery distributor is set to relocate to an 18,000 square-foot industrial space in Hillside, following a lease arranged by brokers with Bussel Realty Corp.

Industrial
NAI Hanson: Microbrewery takes 8,000 sq. ft. in New Providence

A microbrewery has committed to nearly 8,000 square feet at a New Providence industrial building, under a newly completed transaction by NAI James E. Hanson.