Deals

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

Retail
LeFrak: Steakhouse among three new restaurants at Newport

A new restaurant has opened its doors and two more are on the way at Newport, the still-growing mixed-use neighborhood along the Hudson waterfront in Jersey City.

Industrial
Ridgefield building sells for $9 million, Marcus & Millichap says

A private investor has acquired a nearly 82,000-square-foot industrial complex in Ridgefield, in a $9 million sale brokered by Marcus & Millichap.

Office
WCRE brokers sale of Moorestown building

A tutoring business has acquired a 6,500-square-foot commercial building in downtown Moorestown, in a sale arranged by Wolf Commercial Real Estate.

Office
Kearny Point welcomes U.S. headquarters for amplifier company

An Italy-based maker of amplifiers has opened its U.S. headquarters at Kearny Point, the 130-acre complex that is being redeveloped as a mixed-use business and technology campus.

Office
Toronto firm buys 264,000 sq. ft. office complex in Morris Co.

An investment firm based in Toronto has acquired a 264,000-square-foot office complex in Rockaway, brokers with HFF announced Wednesday.

Retail
Jeffery Realty: Edison retail center fully leased, slated for upgrades

Major upgrades are coming to a 103,000-square-foot shopping center in Edison, which is now fully leased after a recent commitment by a national eye care chain.

Professional Services
Voorhees site eyed for redevelopment, Vantage RES says

An area real estate firm has acquired a property along one of Voorhees’ main business corridors, with plans to demolish an existing building to make way for new development.

Industrial
Fully leased, 224,000 sq. ft. warehouse is CenterPoint’s latest N.J. purchase

CenterPoint Properties has expanded its New Jersey holdings with the addition of a 224,000-square-foot industrial building in South Brunswick, executives said Tuesday.

Industrial
Edison developer inks 80,000 sq. ft. lease with logistics firm

A logistics firm has leased more than 80,000 square feet at a newly built warehouse in Edison, developer Wick Cos. LLC announced Tuesday.

Residential & Mixed Use
Lodi apartments fetch $7.75 million, Gebroe-Hammer says

A private investor has acquired a 50-unit garden apartment complex in Lodi, in a nearly $8 million sale brokered by Gebroe-Hammer Associates.