Deals

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

Industrial
Firms acquire 245,000 sq. ft. Paterson industrial building

A joint venture has acquired a fully leased, 245,000-square-foot industrial building along Interstate 80 in Paterson, the firms announced this week.

Retail
LMC announces Jersey City lease with indoor playground

An indoor playground operator has leased 14,000 square feet at a Jersey City shopping center, Levin Management Corp. announced recently.

Industrial
Terreno buys Newark industrial sites for nearly $30 million

An industrial real estate firm has expanded its New Jersey holdings by acquiring two sites in Newark for a combined $29.5 million, according to the buyer and brokers involved with the deal.

Residential & Mixed Use
Madison Realty brokers $77 million in multifamily sales

An area brokerage firm has arranged more than $77 million in recent multifamily property sales in Monmouth, Ocean and Atlantic counties.

Retail
RKF touts 23,000 sq. ft. of retail leasing in downtown Summit

A high-end furniture store and a California-based home décor chain are among the newest retailers in downtown Summit, following a series of leases brokered by RKF.

Office
Law firm leases 2,325 sq. ft. at Hackensack complex

Alfred Sanzari Enterprises has added another law firm to its tenant roster at Court Plaza, a 335,000-square-foot office complex in downtown Hackensack.

Office
Colliers: 33,000 sq. ft. office building sold for $6.2 million

A real estate firm has paid nearly $6.2 million for a South Jersey office building housing a medical practice and an energy firm, Colliers International Group announced.

Office
CBRE announces sale of three Hudson County properties

Three properties in different Hudson County communities have changed hands for a combined $5.5 million, according to brokers with CBRE Group who marketed the buildings.

Residential & Mixed Use
Essex County apartment buildings trade for $18 million, Kislak says

A real estate firm has sold two East Orange apartment buildings for a combined $18 million, in a set of transactions arranged by The Kislak Co. Inc.

Retail
Net-leased dollar store building in Atlantic County sold for $2.1 million

A developer has sold an 8,060-square-foot retail building in Pleasantville that is net-leased to a national dollar store chain, according to brokers with Marcus & Millichap.