Deals

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

Industrial
STRO, KRE Group add 48,000 sq. ft. industrial property near Fort Lauderdale

The STRO Cos. and Kushner Real Estate Group have added to their portfolio in the Southeast, acquiring a two-building, 48,000-industrial property outside Fort Lauderdale, Florida.

Industrial
Galvanize buys 245,000 sq. ft. South Jersey warehouse, eyeing major decarbonization strategy

A global investment firm has purchased a 245,000-square-foot industrial building in Salem County, touting it as part of a strategy to reduce carbon emissions from commercial property.

Retail
Paramount Realty sells Flemington strip center in $7.5 million deal, Marcus says

Paramount Realty has sold a nearly 7,400-square-foot stirp center in Flemington for $7.5 million, brokers with Marcus & Millichap announced last week.

Residential & Mixed Use
Institutional buyer adds 226-unit Hackensack rental property, JLL says

An institutional investor has acquired a 226-unit luxury apartment property adjacent to the upscale Shops at Riverside complex in Hackensack, in a newly announced deal by JLL.

Residential & Mixed Use
Three-property, 258-unit rental portfolio in Atlantic City sells for $21 million, Kislak says

A private investor has acquired a three-property, 258-unit apartment portfolio in Atlantic City for nearly $21 million, brokers with The Kislak Co. Inc. announced Thursday.

Industrial
Logistics user takes 109,000 sq. ft. in North Brunswick sublease, BRC says

A logistics firm has subleased 109,000 square feet at a North Brunswick industrial building, in a newly announced deal by Bussel Realty Corp.

Retail
Marcus: Investors trade 22,000 sq. ft. retail property near Rowan in $3.5 million deal

An investor has acquired a nearly 22,000-square-foot retail property near Rowan University’s campus in Glassboro, brokers with Marcus & Millichap announced Tuesday.

Office
Law, fintech firms combine for 2,900 sq. ft. at Sanzari’s Court Plaza in Hackensack

Two new tenants are coming to Alfred Sanzari Enterprises’ Court Plaza campus in Hackensack after signing leases at the three-building property.

Deals
Deluccia inks 14,000 sq. ft. in retail, office renewals in downtown Somerville

A modern Latin American restaurant has signed a 5,000-square-foot lease renewal in downtown Somerville, in one of several recent deals in the borough by Deluccia Commercial Group.

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.