Deals

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

Industrial
Electrical supplier takes 9,300 sq. ft. in Bergenfield

An electrical supply wholesaler has leased more than 9,000 square feet at a flex industrial building in Bergenfield, under a recent transaction announced by NIA National Realty.

Retail
HFF inks sale of Ocean County retail center

A private investor has acquired a fully leased, 256,000-square-foot retail power center along Route 9 in Ocean County, brokers with HFF announced Monday.

Residential & Mixed Use
Sayreville apartment building sells for $1.7 million, Marcus says

A private investor has a sold a nine-unit apartment building in Sayreville for nearly $1.2 million, in a transaction brokered by Marcus & Millichap.

Retail
Burlington County bank branch changes hands

A bank has sold a nearly 3,000-square-foot branch location in Burlington County to a regional doctor network, brokers with Wolf Commercial Real Estate said Friday.

Retail
NIA National Realty inks 2,500 sq. ft. bagel shop lease in Park Ridge

A bagel shop has opened a new 2,500-square-foot store in Park Ridge, following a lease arranged by NIA National Realty.

Office
Mack-Cali touts three major renewal, expansion leases on waterfront

Three major tenants have renewed and expanded within Mack-Cali Realty Corp.’s waterfront portfolio, leasing a combined 323,000 square feet in two Jersey City office buildings.

Office
Marlton office building sells for $5.1 million

A local investment group has acquired a 40,000-square-foot office building in Marlton, under a $5.1 million sale arranged by Markeim Chalmers Inc.

Residential & Mixed Use
Developer buys mixed-use Jersey City site, Marcus says

A developer has acquired a 9,400-square-foot mixed-use property in Jersey City, brokers said Wednesday, touting the site as an opportunity for new multifamily construction.

Retail
Walmart ground lease in Teterboro sells for $37 million

A developer has reaped more than $37 million from the sale of a Walmart ground lease within a sprawling retail and light industrial complex in Teterboro, its broker announced Tuesday.

Residential & Mixed Use
CBRE brokers sale of two mixed-use properties in Manville

Two mixed-use residential properties in Manville have changed hands for a combined $880,000, in a transaction arranged by brokers with CBRE.