Deals

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

Industrial
BRC brokers Avenel industrial sale for $800,000

A party rentals company has acquired a 10,125-square-foot industrial building in the Avenel section of Woodbridge, according to brokers with Bussel Realty Corp.

Office
Bergman, Gottesman acquire Roseland office building

A joint venture has acquired a Roseland office building from Mack Cali Realty Corp., with plans to invest more than $1.5 million to improve the 94,000-square-foot property.

Industrial
Industrial buyer plans upgrades at three South Jersey buildings

Investors have paid $8.5 million to acquire a three-building, 193,000-square-foot warehouse portfolio in the sprawling Pureland complex in Gloucester County.

Residential & Mixed Use
Marcus & Millichap: Red Bank property fetches $6.3 million

A private investor has sold a mixed-use, 23,000-square-foot property in Red Bank for more than $6 million, brokers with Marcus & Millichap announced Monday.

Industrial
Multitenant industrial complex sells in Springfield

Investors have acquired a multitenant, 207,000-square-foot industrial property in Springfield, brokers with Lee & Associates announced Friday.

Office
WCRE brokers 1,600 sq. ft. law firm lease in Moorestown

A law firm is set to occupy 1,600 square feet at a newly renovated office building in Moorestown, following a lease arranged by Wolf Commercial Real Estate.

Retail
Blow dry bar leases 1,600 sq. ft. in West Orange

A beauty chain is the newest tenant at a West Orange shopping center after signing a 1,600-square-foot lease at the property, Levin Management Corp. said Wednesday.

Office
Repositioned office campus in Bridgewater sells for $46 million

An investment firm has sold a Bridgewater office campus for $46 million, nearly double the amount it paid for the property in 2015 before launching a series of upgrades.

Industrial
Tulfra inks $5 million sale of Totowa industrial condo

Tulfra Real Estate has sold a 27,000-square-foot industrial condominium in Totowa for $5 million, the latest transaction at a redeveloped office and industrial park.

Finance & Capital Markets
Progress Capital brokers $3.6 million refinance for retail property in Perth Amboy

The owner of more than 26,000 square feet of retail space in Perth Amboy has refinanced after securing a lease with a growing fitness operator.