Deals

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

Industrial
Ridgecut Road adds 3.1-acre industrial service, outdoor storage property in Middlesex

Ridgecut Road has acquired a 3.1-acre industrial service and outdoor storage property in Middlesex Borough as part of a short-term sale-leaseback with an outgoing user.

Residential & Mixed Use
Owner of 46 units at Elizabeth co-op sells portfolio for $5.2 million, Kislak says

A portfolio of 46 apartments at a cooperative property in Elizabeth has changed hands for $5.2 million, in a newly announced deal by The Kislak Co. Inc.

Retail
LMC: Dollar Tree leases 15,000 sq. ft., fills half of former Bed Bath store in Howell

Dollar Tree has taken 15,000 square feet for a new location on Route 9 in Howell, in a transaction announced Thursday by Levin Management Corp.

Industrial
Heritage Capital sells 13-building, 507,000 sq. ft. industrial park in Totowa

Heritage Capital Group LLC has sold a nearly 507,000-square-foot industrial park near Interstate 80 in Totowa, brokers with Cushman & Wakefield announced Thursday.

Industrial
Seagis adds 20,000 sq. ft. Carlstadt warehouse, in Resource Realty-brokered deal

Seagis Property Group has acquired a nearly 20,000-square-foot warehouse in Carlstadt, marking its 14th investment in the Meadowlands and another addition to its fast-growing portfolio.

Industrial
BRC: Glass company leases 54,000 sq. ft. in Woodbridge in move from New York

A glass company has leased nearly 54,000 square feet of industrial space in the Keasbey section of Woodbridge, in a newly announced deal by Bussel Realty Corp.

Industrial
CBRE: Heller inks 285,000 sq. ft. deal at Exit 8A with global logistics, fulfillment firm

A logistics and distribution firm is consolidating in South Brunswick after recently leasing more than 285,000 square feet of new industrial space, brokers with CBRE said Tuesday.

Finance & Capital Markets
Colony Hills, Balfour Beatty buy 296-unit Mount Laurel rental complex for $80 million

A joint venture has acquired a 14-building, 296-unit apartment complex in Mount Laurel for $79 million, according to brokers involved in the deal and a related financing transaction.

Office
WCRE: Freestanding 5,000 sq. ft. office building trades in Gloucester City

A real estate firm has sold a 5,000-square-foot office building in Gloucester City, in a newly announced deal by Wolf Commercial Real Estate.

Industrial
Thor completes $18.3 million sale-leaseback for 112,000 sq. ft. industrial building in Elizabeth

Thor Equities Group has acquired nearly 112,000 square feet of industrial space in Elizabeth as part of a sale-leaseback valued at $18.3 million.