Deals

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

Retail
Mixed-use West New York building fetches $1.3 million, CBRE says

A private investor has acquired a 7,000-square-foot mixed-use property in West New York, brokers with CBRE announced this week.

Industrial
NAI Hanson: Cabinet maker buys 42,000 sq. ft. Piscataway warehouse

A cabinet maker has acquired a 41,700-square-foot industrial building in Piscataway, in a newly announced transaction by NAI James E. Hanson.

Office
Pain management practice finds new HQ in Mount Laurel

A growing pain management practice has acquired an 11,052-square-foot office building in Mount Laurel, under a transaction arranged by Rose Commercial Real Estate.

Retail
LMC: Four new tenants set to open at upgraded Jersey City retail center

A shopping center at the southern edge of Jersey City is set to welcome four new tenants in the coming months as part of an ongoing effort to reposition the property.

Industrial
Denholtz, snack maker ink 20,300 sq. ft. industrial lease in Piscataway

A food manufacturer has relocated to a Piscataway industrial building as part of a newly announced, 20,300-square-foot lease with Denholtz Associates.

Industrial
Tulfra, binder maker ink 68,000 sq. ft. industrial lease in West Caldwell

A binder manufacturer is moving to a newly renovated industrial building in West Caldwell as part of a newly announced, 68,000-square-foot lease with Tulfra Real Estate.

Industrial
Elberon acquires 65,000 sq. ft. Hillside warehouse, plans other deals in 2019

Elberon Development Group has acquired a 65,000-square-foot warehouse and distribution center in Hillside, the first of what could be several upcoming additions to its portfolio.

Residential & Mixed Use
Newark affordable housing complex sells for $47.5 million

Jonathan Rose Cos. has sold a 360-unit, age-restricted affordable housing property in Newark for more than $47 million, according to brokers involved with the transaction.

Industrial
Robbinsville warehouse trades for $13.5 million, JLL says

A national investment firm has made another addition to its New Jersey portfolio, acquiring a nearly 88,000-square-foot warehouse and manufacturing facility in Robbinsville.

Office
CBRE: Investor buys LVMH headquarters building in Springfield for $13 million

The Springfield office building that is home to LVMH Moët Hennessy Louis Vuitton SE, the French luxury goods conglomerate, has changed hands for $13.3 million.