Deals

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

Health Care & Education
Medical office building fetches $2.9 million in Cherry Hill

An investor has paid $2.9 million to acquire a 40,000-square-foot medical office building in Cherry Hill, according to commercial real estate firm Markeim Chalmers Inc.

Industrial
Elmwood Park warehouse changes hands, brokers say

Private investors have acquired a 425,000-square-foot warehouse in Elmwood Park that serves as a distribution center for Marcal paper products, according to brokers involved in the deal.

Industrial
CBRE brokers leases with food manufacturer, other tenants at Somerset industrial park

The owner of a six-building industrial park in Somerset County has completed 50,000 square feet in leasing activity, in a series of recent deals arranged by CBRE Group Inc.

Office
WCRE: Camden County office building welcomes new tenant

Wolf Commercial Real Estate has completed a roughly 4,000-square-foot lease at a Camden County office building, the real estate services firm said Friday.

Retail
Weiss Realty brokers sale of Newark retail building

A nearly 12,000-square-foot retail property in Newark is under new ownership following a sale arranged by Weiss Realty.

Office
Design firm recommits to Sanzari building in Hasbrouck Heights

An architecture firm has renewed its nearly 10,000-square-foot lease at a Hasbrouck Heights office building, landlord Alfred Sanzari Enterprises announced Wednesday.

Residential & Mixed Use
Gebroe-Hammer brokers multifamily sales in Bergen, Passaic counties

Investors have paid a combined $8.65 million for three apartment buildings in Bergen and Passaic counties, in two separate transactions arranged by Gebroe-Hammer Associates.

Industrial
Sheldon Gross: Former manufacturing site sold, slated to become self-storage

An investment firm has acquired a former manufacturing building in New Brunswick and plans to convert it to a self-storage facility, according to brokers with Sheldon Gross Realty.

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.