Deals

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

Residential & Mixed Use
Suburban Union County apartments fetch $55M

A buyer has paid $55 million for a 232-unit garden apartment complex in New Providence, in a deal arranged by brokers with Gebroe-Hammer Associates.

Industrial
Bridge sells Union industrial site, its first in N.J., for $46.5M

Bridge Development Partners LLC has sold its newly developed industrial building in Union for $46.5 million, reaping the success of its first project in New Jersey after entering the market in 2014.

Office
Burlington County flex building changes hands, WCRE says

A 24,000-square-foot flex building in Delran is under new ownership, following a sale brokered by Wolf Commercial Real Estate.

Industrial
Prologis inks nearly 870K sq. ft. to logistics, retail firms

Industrial real estate giant Prologis has inked two new deals in New Jersey totaling nearly 870,000 square feet, with CBRE Group Inc. serving as its broker in the recent transactions.

Retail
North Plainfield retail site trades for $5.1M

A North Plainfield retail property has changed hands among private investors for a price of $5.1 million, following a deal brokered by Marcus & Millichap.

Retail
Levin: Chatham retail complex fully leased after latest deal

A new 4,600-square-foot lease a physical therapy operator has brought a Chatham shopping center to full occupancy, Levin Management Corp. announced Thursday.

Industrial
Bussel brokers 10,000 sq. ft. lease in South Plainfield

A communications firm has leased a 10,000-square-foot industrial building in South Plainfield, Bussel Realty Corp. announced Wednesday.

Residential & Mixed Use
Kislak: Mixed-use Red Bank properties fetch nearly $4M

The Kislak Co. Inc. has brokered the $3.825 million sale of a mixed-use portfolio in downtown Red Bank, the Woodbridge-based firm announced.

Residential & Mixed Use
Mixed-use Orange building trades for $1.6M

A private investor has sold a 13,500-square foot mixed-use property in Orange for nearly $1.6 million, following a deal arranged by Marcus & Millichap.

Retail
Goldstein Group inks deal for national fitness chain

The Goldstein Group, a Paramus-based retail brokerage, announced it has placed a national fitness operator in a shopping center some 10 miles over the New York state line.