Deals

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

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.

Finance & Capital Markets
Kislak: Elizabeth apartment sales total $12.3 million

Five multifamily buildings have new owners after a series of investment sales brokered by The Kislak Co. Inc.

Office
CBRE: Jersey City tower now home to 6,200 sq. ft. co-working space

A provider of co-working space has leased 6,200 square feet at a Jersey City office tower, in a deal brokered by CBRE Group.

Office
Aviation tech firm moves to Atlantic City, Levin says

A technology firm serving the air traffic control industry has signed a new long-term headquarters lease in Atlantic City, Levin Commercial Real Estate said Thursday.

Industrial
NAI Hanson brokers sale of 21,000 sq. ft. Moonachie property

A flex building in Moonachie has changed hands, following a sale brokered by NAI James E. Hanson.

Finance & Capital Markets
HFF closes sale of Riverdale apartment complex

An investment group has acquired a 212-unit, midrise apartment property in Riverdale, in a deal arranged by brokers with HFF.

Office
SJP, insurance firm reach deal for space in Morris County

An insurance brokerage has inked a 19,000-square-foot lease at Morris Corporate Center IV, SJP Properties’ sprawling Class A office park at the nexus of four highways in Parsippany.

Office
Sanzari inks two renewals in Hasbrouck Heights

A life sciences company and a financial services firm have renewed their leases at a Hasbrouck Heights office building owned by Alfred Sanzari Enterprises, the landlord announced.

Residential & Mixed Use
Kislak: East Orange apartment properties trade for $19.6M

The Kislak Co. Inc. has sold an apartment portfolio spanning five properties in East Orange, in what the firm says is the largest multifamily sale in the city since 2012.