Deals

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

Residential & Mixed Use
Kislak: Mixed-use Red Bank properties fetch nearly $4M

The Kislak Co. Inc. has brokered the $3.825 million sale of a mixed-use portfolio in downtown Red Bank, the Woodbridge-based firm announced.

Residential & Mixed Use
Mixed-use Orange building trades for $1.6M

A private investor has sold a 13,500-square foot mixed-use property in Orange for nearly $1.6 million, following a deal arranged by Marcus & Millichap.

Retail
Goldstein Group inks deal for national fitness chain

The Goldstein Group, a Paramus-based retail brokerage, announced it has placed a national fitness operator in a shopping center some 10 miles over the New York state line.

Industrial
Avison Young: Ex-oil terminal site primed for industrial space

A well-located, 26-acre site in Perth Amboy that once housed a major oil company’s first terminal has a new owner, following a deal brokered by Avison Young.

Office
Allstate is newest tenant at Bridgewater campus, JLL says

Allstate Insurance Co. has leased an entire 63,000-square-foot building in Bridgewater, the latest in a series of new deals at a four-building office park on Route 22.

Finance & Capital Markets
Financing aids conversion of Totowa commercial building

HFF has arranged $12.2 million in construction financing for developers to reposition a light industrial building into a 1,246-unit self-storage facility in Totowa, the firm announced.

Office
Bank renews lease at Denholtz building in Fla.

Denholtz Associates has renewed a nearly 17,000-square-foot lease with a bank at its recently acquired office building in downtown St. Petersburg, Florida, the Matawan-based firm said.

Retail
Ripco: Newark store is fast casual chain’s first Northeast location

A fast casual chain from Arizona is making its Northeast debut with a new store in downtown Newark, Ripco Real Estate announced this week.

Residential & Mixed Use
Gebroe-Hammer notches nearly $150M in sales over 90 days

Brokers with Gebroe-Hammer Associates have made the most of their home field advantage in recent months, closing 15 different multifamily sales in Essex County in the past 90 days.

Residential & Mixed Use
Kislak touts nearly $9M in Hudson County sales

A new 20-unit apartment building in Bayonne has sold for more than $5.8 million, the largest among six investment sales in Hudson County brokered recently by The Kislak Co. Inc.