Deals

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

Retail
Bergen County retail building trades for $1.75 million, CBRE says

CBRE has arranged the $1.75 million sale of a single-story, 3,700-square-foot retail property in downtown Wyckoff.

Industrial
Manufacturer inks 16,000 sq. ft. lease in Somerville, BRC says

A maker of architectural moldings has leased 16,000 square feet at a Somerville industrial building, brokers with Bussel Realty Corp. said recently.

Retail
Lee & Associates inks bank extension in Livingston

Santander Bank has extended its nearly 5,000-square-foot lease at a Livingston commercial building, in a deal announced this week by Lee & Associates of New Jersey.

Office
NKF: Tenants ink 73,000 sq. ft. at upgraded Edison office building

The owner of an Edison office building has closed 73,000 square feet in new leases, following upgrades at the 250,000-square-foot property.

Residential & Mixed Use
Hudson County apartments fetch $3.55 million, Marcus & Millichap says

Two apartment buildings in Hudson County have changed hands for a combined $3.55 million, following investment sales brokered by Marcus & Millichap.

Industrial
Lawn, garden care business inks 271,000 sq. ft. lease in Mahwah

A lawn and garden tools company is expanding its footprint in New Jersey with a lease at a newly built, 271,000-square-foot distribution center in Mahwah.

Residential & Mixed Use
Newark towers trade for $70 million, Kislak says

An investor has paid more than $70 million for a two-building, 680-unit apartment property just north of downtown Newark, according to brokers with The Kislak Co. Inc.

Retail
CBRE brokers sale of Chase portfolio in Montclair

JPMorgan Chase & Co. has sold three properties in Montclair for a combined $4 million, in a recent transaction arranged by brokers with CBRE.

Office
NAI Hanson inks 20,000 sq. ft. office sale in Morris County

An area business owner has acquired a nearly 20,000-square-foot office building in Hanover, following a sale arranged by brokers with NAI James E. Hanson.

Residential & Mixed Use
East Orange rental portfolio sold for $19.4 million

An out-of-state buyer has paid nearly $19.4 million to acquire a four-building, 200-unit apartment portfolio in East Orange, as part of a sale brokered by The Kislak Co. Inc.