Deals

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

Residential & Mixed Use
Essex County apartments to stay affordable after $22M trade

A multifamily owner is set to acquire a 178-unit property in East Orange, as part of a $22 million deal that calls for preserving its status as affordable housing.

Finance & Capital Markets
Avison Young brokers $34M loan for Lehigh Valley project

Brokers in Avison Young’s New Jersey office have arranged more than $34 million in financing for a mixed-use development in Pennsylvania’s Lehigh Valley, the firm announced.

Retail
Highway retail site near Monmouth Mall changes hands, Goldstein says

The Goldstein Group has brokered the sale of an 11,200-square-foot Monmouth County retail site and will serve as leasing agent for the property’s new owner, the firm announced Monday.

Retail
Restaurant moves to Woodbridge retail center

A family-owned Pakistani restaurant has leased 6,800 square feet in Woodbridge after outgrowing its space in a neighboring town, Levin Management Corp. said Friday.

Finance & Capital Markets
Financing allows firm to reposition Totowa industrial site

HFF has brokered a $9.5 million loan to help a developer refinance and complete its redevelopment of a Totowa industrial building, the firm announced Thursday.

Industrial
C&W inks three industrial sales in northern, central N.J.

Five industrial buildings in Newark, Linden and Edison have changed hands in a series of deals arranged by Cushman & Wakefield, the firm said Thursday.

Industrial
Mahwah industrial building sold to Rockland County firm

A tenant from just over the state’s northern border will relocate to a warehouse in Mahwah, after acquiring the site in a deal brokered by NAI James E. Hanson.

Retail
Eastman welcomes swim school to Livingston plaza

A swim school has leased 8,100 square feet at a Livingston shopping center, its owner said.

Industrial
Equity Real Estate touts 60K sq. ft. in North Jersey industrial deals

An executive with Equity Real Estate Brokerage LLC has started the year with a series of new industrial sales and leases in Bergen and Essex counties, the firm said Wednesday.

Industrial
N.Y. manufacturer buys Piscataway warehouse, Bussel says

Bussel Realty Corp. has brokered the sale of a 95,483-square-foot warehouse in Piscataway, where the buyer now plans to relocate a manufacturing operation from New York City to its newly acquired space.