Deals

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

Finance & Capital Markets
Jersey City HUD building recapitalizes with $95M loan

A Boston-based mortgage banking firm has closed a $95 million loan to recapitalize a Jersey City apartment complex and allow it to continue to offer federally subsidized affordable housing.

Residential & Mixed Use
Senior housing complex in Monroe trades for $19M

An investment group has paid $19.2 million for a 100-unit luxury rental building in Monroe Township, Gebroe-Hammer Associates announced Wednesday.

Office
Berger acquires 18-story Newark office tower

A Newark property owner has added a well-known office tower to its portfolio in the city, following a deal arranged by brokers with HFF.

Retail
Nail spa is newest tenant at Hamilton retail center

A nail salon has leased 2,250 square feet at Hamilton Plaza, a 175,400-square-foot shopping center along Route 33 in Hamilton Township.

Office
Somerset County office building ‘with upside potential’ changes hands

A private buyer has acquired a 161,217-square-foot office building in the Somerset section of Franklin, HFF announced Tuesday.

Retail
Fast food sites sold in Hudson County, Marcus & Millichap says

Two net leased fast food properties in Hudson County have new owners, following separate deals announced Tuesday by Marcus & Millichap.

Industrial
HVAC wholesaler plans upgrades for newly acquired Perth Amboy site

A company that sells supplies for contractors and plumbers has acquired a 9,000-square-foot building in Perth Amboy, Rosengarten Realty & Development announced Monday.

Office
JLL: Seven office tenants ink deals at Berkeley Heights building

A group of technology, publishing and law firms have signed leases totaling more than 40,000 square feet at a Berkeley Heights office building, according to brokers with JLL.

Office
Law firm triples space at Newark office tower

A law firm has expanded its footprint within One Newark Center, a 22-story office tower in downtown Newark, in a deal arranged by brokers with JLL.

Retail
Furniture seller joins Route 17 retail corridor, Goldstein says

An internationally based furniture seller has leased 7,000 square feet along Route 17 in Paramus, the Goldstein Group said Monday.