Deals

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

Office
Boniakowski closes new medical condo, office building sales in Central Jersey

An investor has acquired a 3,000-square-foot medical office condominium in Franklin Township, in one of two new deals by The Boniakowski Commercial Real Estate Group.

Retail
Marcus: SITE Centers sells 485,000 sq. ft. Hamilton retail center in deal with Paramount Realty

Paramount Realty has acquired a roughly 485,000-square-foot retail property in Hamilton for more than $100 million, in a newly announced deal by Marcus & Millichap.

Industrial
Marcus Partners acquires stake in 1.2 million sq. ft. South Jersey, Pennsylvania light industrial portfolio in recap deal with Camber

Marcus Partners has acquired an interest in a 25-building, 1.2 million-square-foot light industrial portfolio in South Jersey and Pennsylvania.

Office
Insurance services firm right-sizes footprint with new Florham Park lease, Garibaldi Group says

A health care services company has found a new home in New Jersey, taking space at a Florham Park office building as part of a lease arranged by The Garibaldi Group.

Retail
Grocery Outlet takes 19,000 sq. ft. at Gloucester County shopping center, Equity Retail says

A discount supermarket chain has leased nearly 19,000 square feet at a Gloucester County retail property, according to a team with Equity Retail Brokers.

Residential & Mixed Use
Kislak closes $3.5 million sale of 18-unit Long Branch apartment complex

An investor has purchased an 18-unit garden apartment complex in Long Branch for $3.5 million, in a newly announced deal by The Kislak Co. Inc.

Industrial
NAI Hanson: Maker of signs, trade show materials buys 12,000 sq. ft. Bergenfield flex building

A manufacturer has acquired a 12,000-square-foot industrial flex building in Bergenfield for $2.7 million, in a newly announced deal by NAI James E. Hanson.

Retail
New tenants arrive at new-look 87,000 sq. ft. shopping center in Marlton

The owner of an 87,000-square-foot shopping center in Burlington County is welcoming several new tenants as it unveils a series of newly completed renovations at the property.

Residential & Mixed Use
New 30-unit Fort Lee rental building trades for $17 million, Veerman says

A developer has sold a newly constructed, 30-unit apartment building in Fort Lee for $16.8 million, in a transaction arranged by Veerman Asset Management.

Industrial
Sagard Real Estate adds 80,000 sq. ft. Avenel warehouse in $24 million deal

Sagard Real Estate has acquired more than 80,000 square feet of industrial space in Woodbridge for $24.1 million, in one of two newly announced deals by the investment advisory firm.