Deals

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

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.

Retail
Ministry leases 8,900 sq. ft. at historic East Orange building

A church organization has leased nearly 9,000 square feet at a historic complex in East Orange, according to brokerage firm Sheldon Gross Realty.