Deals

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

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.

Office
Journal Square office building sells for $20 million

A New York-based firm has acquired an eight-story office building in Jersey City, seeking to capture a value-add opportunity in the city’s growing Journal Square neighborhood.

Industrial
After 25 years, investor gains full ownership of Bergen County property

A real estate investor and developer has completed its 25-year quest for full ownership of a 78,000-square-foot warehouse and retail property in Saddle Brook.

Retail
LMC: Bridgewater lease is fitness chain’s first New Jersey location

A national fitness chain has picked its first New Jersey location, inking a 17,000-square-foot lease at a Bridgewater shopping center.

Health Care & Education
Assisted living facility fetches $18.25 million, Marcus & Millichap says

An assisted living facility in Monmouth County has changed hands for $18.25 million, following a sale orchestrated by a division of Marcus & Millichap.