Deals

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

Office
WCRE brokers sale of 17,500 sq. ft. Cherry Hill office building

An investor has acquired a 17,500-square-foot commercial building in Cherry Hill, with plans to renovate and welcome new tenants to the property later this year.

Office
Rochelle Park office building sold for second time in eight months

A nearly 220,000-square-foot office building in Rochelle Park, has changed hands for the second time in less than a year, following a sale announced Thursday by Colliers International.

Residential & Mixed Use
Apartments in West New York, Bayonne trade for $3.55 million

Two apartment buildings in Hudson County have changed hands for a combined $3.55 million, following investment sales brokered by Marcus & Millichap.

Office
Mack-Cali sells 236,000 sq. ft. Hamilton portfolio to Denholtz

Mack-Cali Realty Corp. has sold a six-building office portfolio in Hamilton to Denholtz Associates, in a deal arranged by brokers with Newmark Knight Frank.

Office
Engineering firm inks 57,000 sq. ft. lease in Woodcliff Lake

An engineering firm is expanding into New Jersey with a newly announced, 57,000-square-foot lease at a Woodcliff Lake office building.

Office
Mortgage banker, child care among latest tenants at Marlton redevelopment

Two new tenants have committed to a 540,000-square-foot, mixed-use property in Marlton, where its owner is in the midst of a $70 million redevelopment project.

Retail
Net leased dollar store property sells for $2.1 million, Marcus & Millichap says

A developer has sold an 8,500-square-foot retail property in Elizabeth for more than $2 million, according to brokers with Marcus & Millichap who orchestrated the deal.

Residential & Mixed Use
North Bergen apartment building sells for $25.4 million

The developer of a newly built, 122-unit apartment building in North Bergen has sold the property for $25.4 million, in a sale brokered by The Kislak Co. Inc.

Retail
NAI Hanson brokers sale of Route 22 gas station

The new owner of a service station in Scotch Plains is set to modernize the 2,000-square-foot property, following a transaction brokered by NAI James E. Hanson.

Finance & Capital Markets
Procida finances three retail centers for $5.86 million

Procida Funding has closed on three loans for nearly $6 million that will support retail centers in Morris, Essex and Hunterdon counties, the Englewood Cliffs-based lender said recently.