Deals

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

Deals
Insurance group signs 7,500 sq. ft. lease at Berger building in Newark

An insurance industry trade group is relocating within downtown Newark after leasing 7,500 square feet from the Berger Organization.

Office
Marcus & Millichap: West Orange office building fetches nearly $9 million

An investor has acquired a 60,000-square-foot office building in West Orange, following a nearly $9 million transaction arranged by Marcus & Millichap.

Residential & Mixed Use
Gebroe-Hammer apartment sales top $231 million in December

Gebroe-Hammer Associates closed 14 sales spanning more than 1,300 apartments in December, fueling what it says is a new year-end benchmark for the multifamily brokerage firm.

Industrial
BRC: E-commerce user leases 18,000 sq. ft. in Linden

An e-commerce business inked a full-building, 18,000-square-foot lease at a Linden industrial building, brokers with Bussel Realty Corp. said Monday.

Retail
Ex-furniture store changes hands on Route 22, Remco says

An electrical products distributor and wholesaler has acquired a furniture store in North Plainfield, in an $850,000 transaction arranged by Remco Realty Group.

Industrial
Investor acquires four Tulfra industrial buildings in northern N.J.

Tulfra Real Estate has sold a four-building, 254,000-square-foot industrial portfolio in northern New Jersey, in a transaction arranged by Newmark Knight Frank.

Retail
Zoltek: Fitness chain leases 8,000 sq. ft. in Irvington

A regional fitness chain is set to open its seventh club location in the state, following an 8,000-square-foot lease in Irvington arranged by Zoltek Realty.

Industrial
Saddleback inks 20,000 sq. ft. lease in Fairfield

A distribution firm has leased 19,650 square feet at a Fairfield industrial building, landlord Saddleback Real Estate Developers announced recently.

Finance & Capital Markets
G.S. Wilcox brokers $25.2 million loan for Lowe’s project in N.Y.

G.S. Wilcox & Co. has arranged more than $25 million in financing for the development of a future Lowe’s Home Improvement warehouse in New York’s Westchester County.

Industrial
New 315,000 sq. ft. warehouse coming to Old Bridge

A houseware wholesaler is set to own and occupy a newly built, 315,000-square-foot industrial building in Old Bridge, following a deal arranged by Corporate America Realty & Advisors.