Deals

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

Residential & Mixed Use
Hoboken building trades for first time in 50 years, Redwood says

The owner of a two-building, 10-unit apartment property in Hoboken has sold the asset after more than 50 years, brokers with Redwood Realty Advisors said Wednesday.

Industrial
Laundry products firm leases 40,000 sq. ft. in Ramsey, relocating from N.Y.

A maker of laundry products is the newest tenant at a 130,000-square-foot industrial building in Ramsey, following a lease arranged by NAI James E. Hanson.

Retail
Franklin shopping center fetches $12.8 million

A local investor has paid nearly $13 million to purchase a 67,500-square-foot retail center in Franklin Township, according to brokers with Marcus & Millichap.

Residential & Mixed Use
Paterson apartments sell for $1.9 million, Colliers says

A private investor has acquired a 14-unit apartment property in Paterson for $1.9 million, brokers with Colliers International announced Tuesday.

Office
CBRE touts new leases at South Plainfield office building

A chemical company and a pharmaceutical firm have inked leases at a South Plainfield office building, in a set of transactions brokered by CBRE.

Retail
Jeffery: 156,000 sq. ft. retail center changes hands in Ocean County

A New York-based real estate firm has closed on a 156,000-square-foot shopping center in Ocean County, in a transaction arranged by Jeffery Realty Inc.

Office
REIT acquires 16,000 sq. ft. office building on Route 4, Zimmel says

A real estate investment trust has acquired a 16,000-square-foot office building in Bergen County for $2.8 million, brokerage firm Zimmel Associates announced Monday.

Office
Medical office building trades for $1.16 million

Bussel Realty Corp. has brokered the sale of a 10,800-square-foot medical office building in the Somerset section of Franklin, the firm said Monday.

Industrial
Port Reading lease among recent deals by Mertz in central, southern N.J.

A new tenant has leased 230,100 square feet at a Woodbridge industrial building, in one of several New Jersey deals announced Friday by NAI Mertz.

Office
Fintech firm leaving Manhattan, leases 8,000 sq. ft. in Newark

A financial technology firm will relocate to Newark from Manhattan later this year, following an 8,000-square-foot lease at the historic Hahne & Co. building downtown.