Deals

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

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.

Deals
Media group inks lease at Cherry Hill office building

A newly formed publishing group is among two tenants to lease space at a Cherry Hill office building, according to commercial real estate firm NAI Mertz.

Finance & Capital Markets
Gebroe-Hammer duo brokers more than $300M in sales in 18 months

A team of brokers with Gebroe-Hammer Associates is marking more than $330 million in sales brokered over the past 18 months, a deal volume that includes more than 1,700 units.

Retail
Marcus & Millichap brokers Burlington County retail sale

An 8,110-square-foot retail property in Marlton has changed hands between private investors, in a nearly $1.6 million deal brokered by Marcus & Millichap.

Retail
NAI Hanson brokers lease to ministry in Bergenfield

A retail space that once housed a bank in Bergenfield is now home to a church, following a deal arranged by brokers with NAI James E. Hanson.

Office
Staffing firm joins Camden County office building

A staffing and human resources firm has leased 2,000 square feet at a Haddon Heights office building, according to Wolf Commercial Real Estate.

Residential & Mixed Use
Denholtz sells development site alongside Tampa office building

Denholtz Associates has sold a parcel in Tampa, Florida, that is slated for multifamily development, following its acquisition of the site and the adjacent Tampa Bay Times headquarters building earlier this year.

Finance & Capital Markets
Essex County multifamily deal gets $28M in financing

Eastern Union Funding has arranged nearly $28 million in financing for a private buyer to acquire a 641-unit multifamily portfolio in Newark and Irvington, the firm announced.