Deals

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

Residential & Mixed Use
Kushner Cos. acquires Long Branch motel site for $6 million

An affiliate of Kushner Cos. has acquired a 9,600-square-foot motel near its mixed-use Pier Village complex in Long Branch, in a $6 million sale brokered by The Kislak Co. Inc.

Retail
Bloomfield retail property sells for $3.45 million

A private investor has sold a Bloomfield retail property for nearly $3.5 million, according to brokers with Marcus & Millichap’s New Jersey office.

Office
CBRE brokers sale of Mack-Cali building in Union County

Mack-Cali Realty Corp. has sold another office building from its once-sprawling portfolio, in an investment sale arranged by brokers with CBRE.

Industrial
Logistics firm leases 58,000 sq. ft. in Saddle Brook

A logistics firm has expanded into nearly 60,000 square feet of industrial space in Saddle Brook, according to brokers with Team Resources Inc.

Industrial
Avison Young brokers Secaucus warehouse lease for well-known dance company

A renowned modern dance company has leased more than 17,500 square feet at a Secaucus warehouse, where it will use the space to store and build its performance sets.

Retail
Net-leased building in Clifton fetches $1.75 million, Marcus & Millichap says

A developer has acquired an 11,550-square foot building in Clifton occupied by Dollar General, in a $1.75 million deal brokered by Marcus & Millichap.

Retail
Goldstein Group inks child care operator lease in Hamilton

An educational child care center has leased 8,500 square feet in a Hamilton retail complex, according to brokers with The Goldstein Group.

Industrial
Totowa flex complex trades for $65.5 million, C&W says

Mack-Cali Realty Corp. has sold a 13-building flex and industrial park in Totowa, in a $65.5 million deal brokered by Cushman & Wakefield.

Finance & Capital Markets
HFF brokers $9.3 million loan for Bridgewater apartment developer

Brokers with HFF have secured $9.3 million in financing for the developer of a recently completed and now fully leased apartment complex in Bridgewater.

Retail
LMC: New lease, ShopRite expansion bring Manasquan center to full occupancy

A shopping center in southern Monmouth County has reached full occupancy with the addition of a new salon and the expansion of the property’s anchor supermarket.