Deals

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

Retail
Five N.J. retail sites included in $325 million Urban Edge deal

Urban Edge Properties is acquiring seven retail centers totaling 1.5 million square feet as part of a $325 million acquisition, including assets in four heavily traveled New Jersey submarkets.

Residential & Mixed Use
Kislak: New owner plans renovation at Hudson County apartment building

An investor has acquired a West New York apartment building that had been damaged in a fire and is planning a full renovation of the property, according to The Kislak Co. Inc.

Retail
NAI Hanson brokers Morris County retail sale

A retail building along Route 10 in Morris County is under new ownership, following a recent investment sale brokered by NAI James E. Hanson.

Office
New 9,000 sq. ft. lease brings marketing firm to Morris Plains

A marketing and advertising firm has found a home at a newly renovated office building in Morris Plains, brokers with NAI James E. Hanson said Tuesday.

Residential & Mixed Use
Redwood Realty brokers $6M in Hudson County apartment sales

Seven apartment buildings in Hudson County traded last month for a combined price of $6 million, in a series of deals brokered by Redwood Realty Advisors.

Industrial
Logistics firms fill new spec industrial building at 8A, CBRE says

A new 450,000-square-foot industrial building in South Brunswick is at full occupancy after its developer signed leases with two logistics providers, according to CBRE Group Inc.

Residential & Mixed Use
Gebroe-Hammer: 72-unit Jersey City portfolio fetches $7.75M

A three-building multifamily portfolio in southern Jersey City has changed hands, in a nearly $8 million deal brokered by Gebroe-Hammer Associates.

Office
HFF brokers sale of Parsippany office building

Lincoln Property Co. has acquired a 114,000-square-foot office property in Parsippany, in a deal brokered by HFF’s New Jersey office.

Residential & Mixed Use
Gebroe-Hammer: 106-unit rental property fetches $10.5M

An investor has acquired three apartment properties in Elizabeth as part of a $10.5 million portfolio sale arranged by Gebroe-Hammer Associates, the brokerage firm said Monday.

Industrial
South Jersey industrial building lands 92K sq. ft. tenant, Bussel says

A warehouse and storage firm has leased 92,000 square feet at a Burlington County industrial building, according to brokers with Bussel Realty Corp.