Deals

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

Industrial
Investor buys 6,300 sq. ft. Newark warehouse in all-cash deal, QCRE says

A local investor has purchased a nearly 6,300-square-foot industrial property in Newark for $1 million, in a newly announced deal by The Quinas Cos. Inc.

Residential & Mixed Use
Developer sells 36-unit Old Bridge rental property for $12 million, CBRE says

EOM Realty has sold a newly built 36-unit apartment building in Old Bridge for more than $12 million, brokers with CBRE announced Tuesday.

Retail
Goldstein Group: Rug dealer Wool & Loom takes 12,000 sq. ft. on Route 17 in Paramus

A luxury rug retailer has leased more than 12,000 square feet at a freestanding building in Paramus, according to a brokerage team with The Goldstein Group.

Education
Petrucci expands education portfolio with acquisition of North Bergen school building

J.G. Petrucci Co. Inc. has acquired a 34,000-square-foot school building in North Bergen as part of a push to expand its footprint in the education sector.

Office
Christie’s: Florida-based personal injury law firm leases 5,400 sq. ft. in River Edge

A personal injury law firm has taken more than 5,400 square feet at a River Edge office building, in a newly announced deal by Christie’s Commercial Real Estate.

Office
Lincoln Equities Group inks five new leases for 16,000 sq. ft. at Princeton Forrestal Village

Lincoln Equities Group has secured five new tenants at Princeton Forrestal Village after nearly 16,000 square feet in recent leasing activity at the mixed-use campus in Plainsboro.

Residential & Mixed Use
Investor buys 48-unit Gloucester County rental complex for $5.1 million, A.J. Sussman says

A private investor has paid $5.1 million for a 48-unit apartment complex in Gloucester County’s Franklin Township, according to a brokerage team with A.J. Sussman Co.

Retail
LMC: Norman’s Hallmark takes 4,000 sq. ft. to bring Flemington center to full occupancy

The 239,000-square-foot Flemington Marketplace on Route 202 is now fully leased after a new commitment from Norman’s Hallmark, in a deal announced by Levin Management Corp.

Technology
Newmark: Onyx, MIG sell portion of NEST campus to CoreWeave for $322 million

Onyx Equities and Machine Investment Group have sold a piece of the acclaimed NEST campus in Kenilworth to CoreWeave — the fast-growing cloud provider that is slated to build a data center at the property — in a deal valued at $322 million.

Residential & Mixed Use
Kislak: Three-building, 53-unit apartment complex in East Orange sold for $6.3 million

A longtime owner has sold a three-building, 53-unit apartment complex in East Orange for $6.3 million, in a newly announced deal by The Kislak Co. Inc.