Deals

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

Office
Saxum adds to portfolio in downtown Red Bank

Investment and development firm Saxum Real Estate has acquired another building in downtown Red Bank, with plans to reposition and rebrand the property as additional boutique office space.

Office
Mack-Cali inks 130,000 sq. ft. lease in Woodbridge with insurance provider

A growing insurance company has leased more than half of a Mack-Cali Realty Corp. building in Woodbridge, bringing the 200,000-square-foot property to full occupancy.

Retail
Jersey Shore retail center sells for $41.5 million, HFF says

A grocery-anchored retail center in Monmouth County has changed hands for more than $40 million, following a sale arranged by brokers with HFF.

Industrial
Colliers touts sale of Camden County industrial building

An industrial building in Camden County has changed hands for $2.5 million, following a sale announced last week by Colliers International.

Residential & Mixed Use
Bayonne apartments trade for $1.7 million, Marcus & Millichap says

A private investor has sold a 14-unit apartment property in Bayonne, in a $1.7 million deal arranged by brokers with Marcus & Millichap.

Office
Colliers: Piscataway office building sold for $10 million

A private investor has acquired an 89,000-square-foot office building in Piscataway, under a $10 million deal announced Thursday by Colliers International.

Retail
Wine shop comes to Advance apartment building in Hoboken

Advance Realty is set to welcome a new wine and spirits store to the base of a luxury apartment building in Hoboken, adding to a busy retail space anchored by Trader Joe’s.

Residential & Mixed Use
Hamilton apartment complex trades for $48 million

A developer has sold 166 apartments in Hamilton and has agreed to build another 63 for the property’s new owner, as part of a $48.2 million deal brokered by The Kislak Co. Inc.

Industrial
Team Resources touts $14 million industrial sale in Meadowlands

An investment group has paid more than $14 million for a 100,000-square-foot industrial building in East Rutherford, brokers with Team Resources Inc. said Wednesday.

Residential & Mixed Use
Vacant Union City parcel sells for $1.6 million

A private investor has purchased a vacant 17,500-square-foot parcel in Union City, in a $1.6 million transaction announced Wednesday by Marcus & Millichap.