Deals

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

Finance & Capital Markets
NAI Hanson brokers Whole Foods building sale in Morristown

A retail property housing a Whole Foods in Morristown is under new ownership, following a sale orchestrated by NAI James E. Hanson.

Residential & Mixed Use
Three Essex County multifamily towers sell for $27M

Private investors have acquired a set of apartment high-rises in East Orange, paying $27.15 million for nearly 250 units in one of the city’s main thoroughfares.

Industrial
Bussel: Linden warehouse fully leased after recent deal

A tenant that is relocating from Brooklyn will bring a 150,000-square-foot warehouse in Linden to full occupancy, following a deal brokered by Bussel Realty Corp.

Deals
Supermarket leases space in Newark, Goldstein Group says

C-Town Supermarket has leased a 9,600-square-foot space in Newark, The Goldstein Group announced.

Retail
CBRE team brokers nearly $5M in sales

A retail property in Totowa is among four properties that traded recently in a string of transactions brokered by CBRE Group.

Retail
Ocean County retail site with STS trades for $1.175 million

An unnamed company has paid $1.175 million to acquire a nearly 10,000-square-foot retail site in Manchester, Marcus & Millichap announced Friday.

Finance & Capital Markets
Brokerage team closes $30M in deals since Labor Day

Two New Jersey-based brokers with Marcus & Millichap have kept busy in recent months, executing deals with a total value of more than $30 million threshold since Labor Day.

Residential & Mixed Use
N.Y. firm eyes 2.3M sq. ft. redevelopment of Newark stadium

A developer has closed on its acquisition of the former Newark Bears baseball stadium in the state’s largest city, paving the way for it to redevelop the site into a sprawling mixed-use neighborhood.

Deals
Randolph lot changes hands in NAI Hanson deal

NAI James E. Hanson has brokered the sale of a 1.6-acre lot on Route 10 in Randolph that will become the new home of a landscape and architecture business, the real estate firm said Thursday.

Health Care & Education
Hospital operator sells, leases back East Orange building

The parent company of East Orange General Hospital has sold and leased back a 68,000-square-foot building adjacent to the facility, in a deal arranged by Lee & Associates of New Jersey.