Deals

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

Residential & Mixed Use
Kislak: East Orange properties fetch $13 million

A private investor has paid nearly $13 million to acquire two multifamily properties in East Orange, including an 88-unit brick building and a 44-unit garden complex.

Residential & Mixed Use
Cranford townhomes sell for $3.4 million, Gebroe-Hammer says

A complex of 10 townhomes has changed hands in Cranford, in a $3.4 million transaction arranged by brokers with Gebroe-Hammer Associates.

Industrial
NAI Hanson: Landscaping business moving to Hackensack flex building

A landscaping business is relocating to Hackensack after its owner acquired a 2,800-square-foot flex industrial building in the city.

Industrial
BRC brokers $3.9 million warehouse sale in Linden

A logistics firm has acquired a 67,000-square-foot industrial building in Linden, in a $3.9 million transaction arranged by Bussel Realty Corp.

Industrial
Newark industrial project lands $16.2 million construction loan

HFF has secured $16.2 million in financing for the development of a 290,063-square-foot, speculative industrial building near Newark’s port district.

Industrial
NAI Hanson: Commercial tire maker opens in New Providence industrial space

A newly launched commercial tire business will occupy more than 36,000 square feet of industrial space in New Providence, following a recent deal by NAI James E. Hanson.

Office
Sheldon Gross touts renewals at West Orange office building

Five tenants have renewed their leases at a 102,000-square-foot office building in West Orange, under a series of deals announced Friday by Sheldon Gross Realty.

Industrial
CPN brokers $3.25 million sale of Ewing facility

A pharmaceutical packaging firm has acquired a 41,000-square-foot facility in Mercer County, in a $3.25 million transaction arranged by Commercial Property Network Inc.

Finance & Capital Markets
NKF inks sale of 788,000 sq. ft. industrial portfolio in Connecticut

Capital markets brokers based in Newmark Knight Frank’s Rutherford office have inked the sale of a six-building, 788,000-square-foot industrial portfolio in Connecticut.

Health Care & Education
Pediatric urgent care commits to new space in Pompton Plains, Jeffery says

A pediatric urgent care chain has leased more than 6,400 square feet in Pompton Plains, backfilling the space of a former mattress store on Route 23.