Deals

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

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.

Office
JLL: Chinese investment, development firm buys Newark office tower

A joint venture has sold the 423,000-square-foot One Newark Center tower, the latest office building to change hands in downtown Newark amid heightened investor interest.

Health Care & Education
NAI Hanson brokers sale of medical office space near Hackensack hospital

A pain management practice is expanding with its purchase of a 2,610-square-foot medical office space in Hackensack, following a deal arranged by NAI James E. Hanson.

Retail
JLL: Jersey Shore retail center inks 30,000 sq. ft. in leases

An Aldi supermarket and an urgent care center will be among the tenants at a soon-to-be-completed shopping center in Monmouth County, following leases brokered by JLL.

Industrial
Woodbridge warehouse sells for $6.3 million, BRC says

A private investor has paid more than $6.3 million to acquire a 55,000-square-foot industrial building in the Avenel section of Woodbridge, according to Bussel Realty Corp.