Deals

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

Residential & Mixed Use
Bergen County rental building sells for $1.15 million, Marcus & Millichap says

An investor has purchased an eight-unit apartment property in Garfield as part of a $1.15 million transaction arranged by Marcus & Millichap.

Industrial
Wig, hair products distributor moving to Carlstadt from South Carolina

A distributor of high-end wigs and other hair pieces will relocate to the Meadowlands from South Carolina after leasing 11,300 square feet in Carlstadt, the building owner said Monday.

Retail
Goldstein Group brokers four leases at Bergen County retail center

Four new tenants have joined the roster at a 32,000-square-foot shopping center in Bergen County, following a series of leases brokered by The Goldstein Group.

Retail
Hobby Lobby taking over former Sports Authority space on Route 22

Arts and crafts chain Hobby Lobby has backfilled a former Sports Authority store in Union County with a nearly 43,000-square-foot lease on Route 22, according to Jeffery Realty.

Industrial
Landmark deli set to open Meadowlands fulfillment hub for e-commerce

A famous New York City delicatessen has leased nearly 30,000 square feet of industrial space in Carlstadt, which it will use in part to support its new online delivery business.

Residential & Mixed Use
Weehawken apartment buildings trade for $6.3 million, Gebroe-Hammer says

A local investor has acquired two apartment buildings with a combined 38 units in Weehawken, following a transaction arranged by Gebroe-Hammer Associates.

Industrial
Two tenants renew at Meadowlands industrial building, NAI Hanson says

NAI James E. Hanson has brokered two lease renewals at a nearly 143,000-square-foot industrial building in East Rutherford, the real estate services firm said Tuesday.

Residential & Mixed Use
Luxury rental community in Garfield sold for $27 million

Two real estate firms have partnered to plant a flag in Bergen County, acquiring a newly built 100-unit multifamily apartment community in Garfield for $27 million.

Retail
Furniture chain inks 15,000 sq. ft. lease on Route 10, Jeffery Realty says

A furniture chain has added another location in New Jersey with a newly signed 15,000-square-foot lease in East Hanover, according to brokers involved in the deal.

Office
Newmark: Warren office condo trades for $940,000

Newmark Associates has brokered the nearly $1 million sale of a 7,400-square-foot office condominium in Somerset County, the firm said.