Deals

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

Residential & Mixed Use
Developer acquires ready-made apartment site in Westfield, Redwood Realty says

A multifamily builder has paid $3.5 million to acquire a fully approved development site in downtown Westfield, in a transaction arranged by Redwood Realty Advisors.

Industrial
Sheldon Gross brokers 7,700 sq. ft. office, industrial lease in Essex County

A maker of camera support products is consolidating two locations into a 7,700-square-foot space inside a Verona commercial building, Sheldon Gross Realty said Wednesday.

Retail
C&W: Repositioned retail center trades for $21.25 million

A joint venture has sold a Livingston retail center for more than $21 million after nearly doubling its occupancy over the course of five years.

Industrial
Dover industrial building slated for residential, commercial rehab

Team Resources has announced the sales of two North Jersey industrial buildings, including a former manufacturing complex that is now slated for mixed-use redevelopment.

Industrial
NAI Hanson: E-commerce service firm inks lease in Fair Lawn

An e-commerce toy and clothing distributor has leased 12,500 square feet at a warehouse and flex building in Fair Lawn, according to NAI James E. Hanson.

Retail
Fort Lee retail property fetches $4.6 million, Marcus & Millichap says

A corner retail property near the George Washington Bridge has changed hands among private investors, following a nearly $4.6 million sale arranged by Marcus & Millichap.

Office
Insurance firm takes 20K sq. ft. at Morristown office building

Vision Real Estate Partners has leased nearly 20,000 square feet to an insurance firm at its newly acquired office building in Morristown, the largest among several recent deals announced by the firm.

Residential & Mixed Use
Kislak touts $11.6 million in North Jersey multifamily deals

Three Essex County buildings with a combined 178 apartments have changed hands for a total of $11.6 million, following recent sales arranged by The Kislak Co. Inc.

Retail
Mixed-use building in Bergen County trades for $2.6 million

A private investor has sold a 13,500-square-foot retail and office building in Westwood, in a nearly $2.6 million sale brokered by Marcus & Millichap.

Industrial
Upgrades planned at Monmouth industrial park after $7.5 million trade, Bussel says

A nine-building, 165,000-square-foot industrial park in Monmouth County has changed hands for $7.5 million, following a sale brokered by Bussel Realty Corp.