Deals

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

Industrial
ECA plans industrial, sports facility in Plainfield after property sale by Blau & Berg

The site of a long-vacant building in Plainfield will soon be revitalized as more than 120,000 square feet of new warehouse, flex industrial and sports and recreation space.

Residential & Mixed Use
Kislak brokers sale of 28-unit Belleville rental property to longtime client

A seven-building, 28-unit apartment property in Belleville has changed hands for $4.7 million, in a newly announced deal by The Kislak Co. Inc.

Industrial
Shipping, logistics firm takes 4,000 sq. ft. in South Hackensack, NAI Hanson says

A global shipping and logistics company has leased more than 4,000 square feet of industrial space in South Hackensack, according to a brokerage team with NAI James E. Hanson.

Industrial
New 102,000 sq. ft. Somerset warehouse attracts tenants in furniture delivery, agriculture

A developer has secured two leases to fill more than 102,000 square feet of new industrial space in the Somerset section of Franklin, brokers with Bussel Realty Corp. announced Tuesday.

Industrial
Ridgecut Road adds 5.8-acre industrial service, outdoor storage facility in Lincoln Park

Ridgecut Road has acquired a 5.8-acre industrial service and outdoor storage property in Lincoln Park, expanding its portfolio to a high-demand submarket in Morris County.

Retail
Sanzari fills 4,200 sq. ft. at Hackensack retail center with new liquor store lease

A new wine and liquor store is coming to Alfred Sanzari Enterprises’ Summit Plaza in Hackensack after committing to more than 4,200 square feet at the property.

Retail
Heidenberg-led JV acquires grocery-anchored center at Paramus Park Mall for $38 million

An investment group has acquired a more than 181,000-square-foot retail asset alongside the Paramus Park Mall and near the crossroads of Route 17 and the Garden State Parkway.

Residential & Mixed Use
JLL: Russo, KRE close on Bergen Town Center parcel for 426-unit apartment project

Urban Edge Properties has completed its sale of a parcel at Bergen Town Center in Paramus, paving the way for a new 426-unit multifamily project by Russo Development and KRE Group.

Food & Beverage
Private buyer acquires West Caldwell’s Brook Tap House, KenKap says

A restaurant property in West Caldwell has changed hands for an undisclosed price, in a newly announced transaction by KenKap Realty Corp.

Residential & Mixed Use
Investors trade 24-unit Roselle Park apartment building in deal arranged by Kislak

An investor has sold a 24-unit apartment building in Roselle Park for nearly $4.2 million, according to a brokerage team with The Kislak Co. Inc.