Deals

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

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.

Office
MDC adds 170,000 sq. ft. New Providence building to portfolio

Mountain Development Corp. has acquired a 170,000-square-foot office building in New Providence, adding a property in what is a high-end suburb and corporate destination.

Office
WCRE brokers sale of Cherry Hill office building

The owner of a 21,500-square-foot office building in Cherry Hill has sold the property, according to real estate services firm Wolf Commercial Real Estate.