Deals

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

Industrial
Gas supply distributor renews for 5,200 sq. ft. in Bergen County, NIA says

A specialty gas equipment and supply distributor has renewed its nearly 5,200-square-foot lease in Emerson, under a newly announced transaction by NIA National Realty.

Industrial
Hudson County industrial building fetches $2.35 million

An industrial building in North Bergen has changed hands for more than $2 million, brokerage firm William F. Connors Agency announced Monday.

Residential & Mixed Use
Marcus: Newly built, mixed-use building in Paterson trades for $6.7 million

A developer has sold a newly built apartment and retail property in Paterson, in a $6.7 million transaction arranged by Marcus & Millichap.

Industrial
Sea salt products business takes 11,000 sq. ft. in Hackettstown

A sea salt products company has leased more than 11,000 square feet of industrial space in Hackettstown, brokers with Team Resources Inc. announced recently.

Industrial
Zimmel: Investors pay $10.5 million for Jersey City industrial building

An investment group has acquired a 105,000-square-foot industrial building off Interstate 78 in Jersey City, under a $10.5 million deal announced this week by Zimmel Associates.

Residential & Mixed Use
Elizabeth rental buildings fetch $6.5 million, Kislak says

A multifamily owner has sold a two-building, 62-unit apartment portfolio in Elizabeth for $6.5 million, brokers with The Kislak Co. Inc. announced.

Industrial
Investors acquire 570,000 sq. ft. Edison warehouse

A joint venture has acquired a fully leased, 570,000-square-foot industrial building in Edison for what was reported to be more than $80 million.

Retail
Joint venture acquires Springfield Avenue shopping center in Newark

An affiliate of Goldman Sachs and Madison Marquette have acquired one of Newark’s newest retail properties — a fully occupied, grocery-anchored shopping center on Springfield Avenue.

Residential & Mixed Use
Homestake, HBC complete sale of development parcel in Jersey City

Homestake Capital LLC, a boutique real estate investment firm, has made its entrance to Jersey City with a recent joint venture with Hoboken Brownstone Co.

Industrial
Distribution firm takes 29,000 sq. ft. in Moorestown, NAI Mertz says

A global distribution company has leased 29,000 square feet at a Moorestown industrial building, bringing the property to 100 percent occupancy.