Deals

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

Residential & Mixed Use
CBRE inks sale of 12-unit apartment building in East Orange

An investor has acquired a fully occupied, 12-unit apartment building in East Orange for nearly $1 million, brokers with CBRE announced this week.

Retail
NAI Hanson: Deli building, two-family home sell in Passaic Co.

An investor has acquired a 2,200-square-foot commercial building and an adjacent two-family home in Bloomingdale, in a transaction arranged by NAI James E. Hanson.

Industrial
Harrison warehouse user renews for 21,000 sq. ft., Team Resources says

A storage, logistics and fabrication shop serving the entertainment industry has renewed its 21,000-square-foot lease in Harrison, in a deal arranged by Team Resources Inc.

Retail
LMC: Massage, spa chain takes 3,000 sq. ft. in Bridgewater

A national massage chain is among the newest tenants at a Bridgewater shopping center, leasing nearly 3,000 square feet at the 219,000-square-foot property.

Industrial
Denholtz, MB1 sell L’Oréal R&D headquarters complex for $16 million

Denholtz Associates has sold the 108,000-square-foot headquarters of L’Oréal’s North American R&D division in Clark, in a nearly $16 million deal arranged by Newmark Knight Frank.

Office
MDC, Bukiet sell Clark office building for $10.5 million

A joint venture has sold an office building in Clark after three years of ownership, fetching more than $10.5 million for the recently upgraded, 76,000-square-foot property.

Office
Media firm takes 8,000 sq. ft. in Park Ridge, NAI Hanson says

A digital marketing and publishing firm has leased 8,000 square feet at an office building in Park Ridge, under a newly announced transaction by NAI James E. Hanson.

Retail
Jacobs, Pierson tout 10,000 sq. ft. in leasing at Wall retail center

Tenants have inked more than 10,000 square feet of new leasing activity at a Route 35 shopping center in Wall, as its management continues a host of renovations at the property.

Retail
Auto dealership property sells in Camden County

A freestanding, 3,500-square-foot building in Pennsauken has changed hands among auto dealerships, following a transaction brokered by Wolf Commercial Real Estate.

Office
Law firm, Edison Properties to relocate HQs to Ironside Newark

A law firm is set to relocate to Edison Properties’ Ironside Newark project, as the developer also prepares to move its own headquarters to the rehabilitated former warehouse building.