Deals

Avison Young: Ex-oil terminal site primed for industrial space

A well-located, 26-acre site in Perth Amboy that once housed a major oil company’s first terminal has a new owner, following a deal brokered by Avison Young.

Office

Allstate is newest tenant at Bridgewater campus, JLL says

Allstate Insurance Co. has leased an entire 63,000-square-foot building in Bridgewater, the latest in a series of new deals at a four-building office park on Route 22.

Finance & Capital Markets

Financing aids conversion of Totowa commercial building

HFF has arranged $12.2 million in construction financing for developers to reposition a light industrial building into a 1,246-unit self-storage facility in Totowa, the firm announced.

Office

Bank renews lease at Denholtz building in Fla.

Denholtz Associates has renewed a nearly 17,000-square-foot lease with a bank at its recently acquired office building in downtown St. Petersburg, Florida, the Matawan-based firm said.

Retail

Ripco: Newark store is fast casual chain’s first Northeast location

A fast casual chain from Arizona is making its Northeast debut with a new store in downtown Newark, Ripco Real Estate announced this week.

Residential & Mixed Use

Gebroe-Hammer notches nearly $150M in sales over 90 days

Brokers with Gebroe-Hammer Associates have made the most of their home field advantage in recent months, closing 15 different multifamily sales in Essex County in the past 90 days.

Residential & Mixed Use

Kislak touts nearly $9M in Hudson County sales

A new 20-unit apartment building in Bayonne has sold for more than $5.8 million, the largest among six investment sales in Hudson County brokered recently by The Kislak Co. Inc.

Deals

WCRE brokers sale of Marlton office

A real estate firm has sold a 3,500-square-foot office building at the entrance of downtown Marlton, Wolf Commercial Real Estate announced Friday.

Residential & Mixed Use

Sanzari acquires Metuchen rental complex

Alfred Sanzari Enterprises has acquired a newly built 49-unit apartment complex in Metuchen, expanding the company’s reach in the central New Jersey residential market.