Deals

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

Residential & Mixed Use
CBRE touts $19.3 million in Essex County multifamily sales

More than 230 apartment have changed hands in Essex County as part of nine multifamily investment sales brokered this year by CBRE.

Office
NAI Hanson: Investor buys Morris Co. office building

An investor has acquired and will occupy a portion of an 11,000-square-foot office building in Mountain Lakes, under a recent sale brokered by NAI James E. Hanson.

Industrial
Relocation service firm acquires Irvington warehouse, NAI Hanson says

A commercial moving service is relocating from Staten Island after acquiring a 20,100-square-foot industrial building in Irvington, a broker with NAI James E. Hanson said Tuesday.

Retail
REIT acquires 137,000 sq. ft. Middlesex County retail center

A real estate investment trust has acquired a 137,000-square-foot, grocery-anchored shopping center in South Plainfield, following a deal arranged by brokers with HFF.

Office
Avison Young: Bergen County building fully leased after 50,000 sq. ft. deal

A life sciences firm will occupy nearly half of a 115,000-square-foot building in Allendale, under a new long-term lease that brings the flex property to full occupancy.

Residential & Mixed Use
East Orange apartment sales total $11.75 million

Seven apartment buildings with 140 units in East Orange have changed hands for a combined $11.75 million, in a set of transactions announced Friday by The Kislak Co. Inc.

Industrial
Parts distributor takes 3,100 sq. ft. in Bergenfield, NAI Hanson says

An automotive and truck parts distributor will join the tenant roster at a Bergenfield commercial building, following a 3,100-square-foot lease arranged by NAI James E. Hanson.

Residential & Mixed Use
Cervelli brokers investment sales in Jersey City, West New York

An investor has paid nearly $1.2 million for a six-unit apartment building in Jersey City, in one of two recent transactions brokered by Cervelli Real Estate & Property Management.

Industrial
Avison Young touts sale of 46,000 sq. ft. Bridgewater industrial building

The new owner of a Bridgewater industrial building plans to convert the property to an indoor athletic training center, following a sale arranged by brokers with Avison Young.

Office
CBRE: Wayne office complex fetches $10.8 million

A landlord has sold a roughly 122,000-square-foot office complex in Wayne for nearly $11 million, according to brokers with CBRE who orchestrated the deal.