Deals

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

Retail
Stro acquires former home of iconic party supplies store on Route 17

The Stro Cos. has acquired a well-known but vacant retail property in Lodi, with plans to renovate and reposition the local landmark to attract new tenants.

Industrial
Team Resources touts expansions, 284,000 sq. ft. lease in Ledgewood

A global transportation and logistics company has expanded to more than 280,000 square feet in Morris County, in a set of transactions announced by Team Resources Inc.

Retail
WCRE: Fitness concept leases 2,000 sq. ft. in Voorhees, its first East Coast location

A fitness studio based in Arizona has picked southern New Jersey for its first East Coast location, under a deal arranged by Wolf Commercial Real Estate.

Office
C&W: Onyx, Garrison sell Bergen County office building

An investor has acquired a 108,000-square-foot office building in Rochelle Park, marking the second sale of the property in less than a year.

Residential & Mixed Use
Long Branch, Asbury Park sales total $12.6 million, Kislak says

Four properties with a combined 100 apartments have changed hands in Long Branch and Asbury Park, following a set of transactions brokered by The Kislak Co. Inc.

Finance & Capital Markets
Owner of 135-unit Hackensack rental complex refis for $19 million, Meridian says

Meridian Capital Group has arranged a $19 million loan for a multifamily owner to refinance a 135-unit property in Hackensack.

Industrial
Duke fills last vacancy in New Jersey with Perth Amboy industrial lease

Duke Realty Corp. has leased 220,200 square feet in Perth Amboy to a furniture delivery and fulfillment service, bringing its recently acquired New Jersey portfolio to full occupancy.

Industrial
Denholtz: Clark commercial complex fully leased after latest deal

Denholtz Associates has inked a 10,050-square-foot lease at a commercial complex in Clark, bringing the 283,000-square-foot campus to full occupancy.

Residential & Mixed Use
NAI Hanson brokers sale of Paterson condo building, development site

A real estate investment firm has acquired a 48-unit condominium building in downtown Paterson, along with a nearby development site that is approved for 195 rental units.

Residential & Mixed Use
Gebroe-Hammer inks sale of 189 apartments in Plainfield, Elizabeth

Four apartment properties in Union County have changed hands for a combined $22.7 million, following a set of transactions announced by Gebroe-Hammer Associates.