Deals

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

Finance & Capital Markets
Procida lends $7.65 million for townhome project

Procida Funding LLC has closed a $7.65 million construction loan for a planned 12-unit townhome project in Brooklyn, the Englewood Cliffs-based firm announced.

Retail
Marcus & Millichap brokers retail sale in Elizabeth

A private investor has acquired a 16,208-square-foot retail property in Elizabeth, in a $2.65 million deal brokered by Marcus & Millichap.

Retail
Goldstein Group touts more than 20K sq. ft. in recent retail leases

AT&T has leased nearly 8,000 square feet at a location on Route 22 in Watchung, one of several recent retail deals arranged by brokers with The Goldstein Group.

Office
Vision Real Estate Partners touts office acquisition in downtown Morristown

After building its presence in suburban Morris County, Vision Real Estate Partners has planted a flag in downtown Morristown with the acquisition of a 150,000-square-foot office building.

Retail
Five N.J. retail sites included in $325 million Urban Edge deal

Urban Edge Properties is acquiring seven retail centers totaling 1.5 million square feet as part of a $325 million acquisition, including assets in four heavily traveled New Jersey submarkets.

Residential & Mixed Use
Kislak: New owner plans renovation at Hudson County apartment building

An investor has acquired a West New York apartment building that had been damaged in a fire and is planning a full renovation of the property, according to The Kislak Co. Inc.

Retail
NAI Hanson brokers Morris County retail sale

A retail building along Route 10 in Morris County is under new ownership, following a recent investment sale brokered by NAI James E. Hanson.

Office
New 9,000 sq. ft. lease brings marketing firm to Morris Plains

A marketing and advertising firm has found a home at a newly renovated office building in Morris Plains, brokers with NAI James E. Hanson said Tuesday.

Residential & Mixed Use
Redwood Realty brokers $6M in Hudson County apartment sales

Seven apartment buildings in Hudson County traded last month for a combined price of $6 million, in a series of deals brokered by Redwood Realty Advisors.

Industrial
Logistics firms fill new spec industrial building at 8A, CBRE says

A new 450,000-square-foot industrial building in South Brunswick is at full occupancy after its developer signed leases with two logistics providers, according to CBRE Group Inc.