Deals

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

Residential & Mixed Use
Redwood: Investor buys Bayonne apartments for $32 million, plans expansion

An investment firm has paid $32.1 million for an 85-unit, high-end apartment building in Bayonne, where it’s now planning an expansion that will more than double the number of units.

Industrial
WCRE: Lawn care business takes 3,900 sq. ft. in Camden County

A newly built, 12,000-square-foot flex building in Voorhees is now fully occupied after a recent lease with a lawn care company, brokerage firm Wolf Commercial Real Estate said.

Industrial
Joint venture sells 369,000 sq. ft. warehouse to LPT

Liberty Property Trust has acquired a single-tenant, 369,313-square-foot industrial building in Edison, in a transaction announced Friday by CBRE.

Residential & Mixed Use
Investor pays $14.25 million for West Caldwell apartments, Kislak says

A newly built, 30-unit apartment building in West Caldwell is under new ownership, following a $14.25 million sale arranged by The Kislak Co. Inc.

Retail
Zoltek: Fast food building changes hands in Burlington County

A regional landlord has sold a 2,090-square-foot fast food building in Burlington County, according to brokers with Zoltek Realty who arranged the sale.

Retail
Walgreens property in Hamilton fetches $5.5 million

A private investor has paid more than $5.5 million for a 14,280-square-foot Walgreens property in Hamilton, in a sale brokered by Marcus & Millichap.

Office
Owner set to debut upgrades at 36,000 sq. ft. Parsippany building, NAI Hanson says

A landlord is nearing completion of a plan to modernize a 36,289-square-foot office building in Parsippany, with an eye toward attracting small businesses to the new-look property.

Deals
Ripco: Shake Shack coming to new Parsippany retail center

Shake Shack will be among the tenants at a 157,000-square-foot shopping center now under construction in Parsippany, under a newly announced lease with RD Management and JMF Properties.

Office
Vantage inks 2,600 sq. ft. lease with speech therapy business in Marlton

A speech therapy business is among the latest tenants at a newly renovated, 47,000-square-foot office building in Marlton, following a lease brokered by Vantage Real Estate Services.

Office
Accordia touts 50,000 sq. ft. in leasing at upgraded office building

A new management team and a nearly $2 million upgrade are paying dividends for an Evesham office building, where Accordia Realty Ventures has inked a series of new leases and renewals.