Deals

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

Residential & Mixed Use
Investor sells 15-unit Jersey City rental building for $2.3 million, Marcus says

A local private investor has sold a 15-unit apartment building in Jersey City for $2.3 million, in a newly announced deal by Marcus & Millichap.

Industrial
Longpoint adds 445,000 sq. ft. Montville industrial portfolio in deal with First Industrial

Longpoint Partners LP has acquired more than 445,000 square feet of industrial space in Montville, one of at least two major additions recently to the firm’s holdings in New Jersey.

Industrial
Distribution business takes 16,000 sq. ft. near Port Newark, Blau & Berg says

A distribution company has leased 16,000 square feet of industrial space roughly a mile from Port Newark-Elizabeth, in a newly announced deal by The Blau & Berg Co.

Office
NAI Hanson: Attorneys swap 9,000 sq. ft. office building in sale-leaseback in Hackensack

A law practice has acquired a 9,000-square-foot office building in Hackensack as part of a new sale and partial leaseback arranged by NAI James E. Hanson.

Retail
Bagel Nook opens in 2,000 sq. ft. space in Aberdeen, Florham Realty says

A new Bagel Nook has arrived in Aberdeen after recently leasing nearly 2,000 square feet along a key corridor, in a deal arranged by Florham Realty Group Inc.

Office
SJP inks 111,000 sq. ft. lease in Hoboken for Unilever’s new U.S. headquarters

SJP Properties has signed a new 111,000-square-foot lease with Unilever that will bring the consumer goods giant’s U.S. headquarters to the Hoboken waterfront.

Retail
Spark Car Wash inks ground lease for new location in Wayne, Goldstein Group says

Spark Car Wash has leased a 1.5-acre site in Wayne for a new location on one of the township’s main retail corridors, brokers with The Goldstein Group announced Monday.

Retail
P3 Properties sells Galloway retail center for $13.7 million, C&W says

P3 Properties has sold a nearly 107,000-square-foot retail property in the Atlantic County township of Galloway, brokers with Cushman & Wakefield announced Friday.

Retail
TFE adds three-building, 93,000 sq. ft. retail property in Fair Lawn, in JLL-brokered deal

TFE Properties has expanded to Bergen County with its purchase of nearly 93,000 square feet of retail space on a 6.3-acre site in Fair Lawn, in a deal arranged by JLL.

Office
WCRE: Cherry Hill office building sold in deal with end-user

A private user has purchased a 20,000-square-foot office building in Cherry Hill, in a newly announced deal by Wolf Commercial Real Estate.