Deals

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

Residential & Mixed Use
Plainfield rental portfolio sells for $6.4 million, Gebroe-Hammer says

An investor has sold a four-building, 58-unit apartment portfolio in Plainfield for $6.4 million, some two years after acquiring the properties.

Office
Morristown office building sold for $5 million

A nonprofit has reaped $5 million from the sale of its 20,000-square-foot office building in downtown Morristown.

Deals
C&W touts sale of Newark parking garage to Edison Properties

Edison Properties has added to its vast parking portfolio in downtown Newark with the acquisition of a 357-space garage, brokers with Cushman & Wakefield announced.

Office
WCRE: Tech firm inks 15,400 sq. ft. in Marlton

A technology firm has leased more than 15,000 square feet in the Marlton business district, according to brokers with Wolf Commercial Real Estate.

Residential & Mixed Use
KRE Group acquires 304-unit Bayshore rental complex, Gebroe-Hammer says

Kushner Real Estate Group has purchased a 304-unit apartment complex in Monmouth County, in a $56 million transaction announced Thursday by Gebroe-Hammer Associates.

Health Care & Education
RWJBarnabas leases 115,000 sq. ft. in Oceanport, NKF says

The state’s largest hospital system is set to expand at a Monmouth County office building, following a nearly 115,000-square-foot lease arranged by Newmark Knight Frank.

Industrial
CBRE: Logistics firm inks 110,000 sq. ft. lease in Kearny

A global logistics provider has leased more than 110,000 square feet at a Kearny industrial building, brokers with CBRE announced Wednesday.

Residential & Mixed Use
Kislak brokers $3.7 million sale of Teaneck apartments

An apartment owner has reaped nearly $3.7 million from the sale of a 25-unit complex in Teaneck, following a transaction brokered by The Kislak Co. Inc.

Residential & Mixed Use
Union City apartment building sells for $3 million, Marcus says

The developer of a recently built, 12-unit apartment building in Union City has sold the property for more than $3 million, according to brokers with Marcus & Millichap.

Office
Roofing firm inks 5,000 sq. ft. lease in Elmwood Park, NAI Hanson says

A roofing business has leased nearly 5,000 square feet at an office building in Elmwood Park, brokers with NAI James E. Hanson said.