Deals

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

Industrial
Zimmel brokers $12.6 million in warehouse, office sales

A privately held distribution firm has sold an 85,000-square-foot warehouse in Woodbridge for nearly $10 million, in one of two recent transactions arranged by Zimmel Associates.

Retail
Transwestern: Carpet, flooring business is latest tenant at Teaneck building

A carpet and flooring store has doubled its footprint and relocated to a Teaneck commercial building, in a 2,000-square-foot deal brokered by Transwestern.

Retail
Passaic County retail building trades for $2.3 million

A private investor has paid $2.3 million for a nearly 8,000-square-foot retail property in Pompton Lakes, brokerage firm Marcus & Millichap said Monday.

Retail
Retail, medical space trades in Metuchen, Goldstein Group says

The Goldstein Group has brokered the sale of about 14,000 square feet of retail and medical office space in Metuchen, the retail brokerage firm said Thursday.

Health Care & Education
Paterson student housing building trades for $6.1 million, Marcus & Millichap says

A private investment group has acquired a new 42-unit student housing building near St. Joseph’s Regional Medical Center in Paterson, in a $6.1 million deal arranged by Marcus & Millichap.

Industrial
NAI Hanson: Clothing maker buys Newark warehouse, will relocate from Brooklyn

A luxury apparel company is relocating to Newark after acquiring a nearly 14,000-square-foot industrial building in the city, following a deal brokered by NAI James E. Hanson.

Health Care & Education
Hudson County medical office building lands three new tenants, Weiss says

Three new tenants are joining a Union City medical office building, following a series of transactions brokered by Weiss Realty.

Office
Prism: Fragrance maker acquires Parsippany building as part of HQ move

Prism Capital Partners has sold a 102,000-square-foot office building in Parsippany to a global fragrance and flavor company, allowing the business to relocate its U.S. headquarters to the property.

Industrial
NAI Hanson sells industrial, flex space for longtime client in Elmwood Park

The longtime owner of an industrial and flex portfolio in Elmwood Park has sold one of the buildings, in a deal arranged by brokers with NAI James E. Hanson.

Residential & Mixed Use
Investor interest rising in Newark apartments, Gebroe-Hammer says

Three apartment buildings with a total of 95 units in Newark have traded for a combined $6.53 million, following deals arranged by brokers with Gebroe-Hammer Associates.