Deals

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

Hugo Neu, trucking firm sign deal for Kearny outdoor storage site, BRC says

A trucking company has expanded its footprint in Kearny after leasing a two-acre industrial outdoor storage property, brokers with Bussel Realty Corp. announced.

Denholtz, pickleball franchise ink 41,000 sq. ft. lease at new Hamilton flex building

Denholtz Properties has landed a tenant for a new light industrial building in Hamilton, inking a nearly 41,000-square-foot deal with a growing pickleball court franchisee.

SAGE: Investor buys 31-unit Elizabeth apartment building for $4.2 million

A private investor has acquired a 31-unit apartment building in Elizabeth for $4.2 million, in a newly announced deal by SAGE Investment Real Estate Advisors.

New 17,000 sq. ft. headquarters lease in Clark leads strong Q2 for Signature Acquisitions

A transportation logistics firm has leased more than 17,000 square feet at a Clark office building, the largest among nearly a dozen second-quarter deals completed by Signature Acquisitions.

Two-building, mixed-use portfolio in Roselle trades for $1.2 million, Zimmel says

A longtime property owner in Roselle has sold two commercial buildings on one of the borough’s main thoroughfares, in a transaction arranged by Zimmel Associates.

Marcus: Eight-unit apartment building in West New York trades for $2.2 million

A private investor has sold an eight-unit apartment building in West New York for nearly $2.2 million, in a newly announced deal by Marcus & Millichap.

Investor adds 18,000 sq. ft. Elizabeth industrial building for $3.2 million, BRC says

An investor has paid $3.2 million for more than 18,000 square feet of industrial space in Elizabeth, in a transaction arranged by Bussel Realty Corp.

Two-building, 408-unit rental portfolio in Jersey City trades for $222 million, CBRE says

A group advised by J.P. Morgan Asset Management has sold 408 apartments across two properties in Jersey City for nearly $222 million, brokers with CBRE announced Tuesday.

JLL: Brother International signs 83,000 sq. ft. lease extension in Bridgewater, works with landlord on new shared amenity spaces

Brother International Corp. has signed a nearly 83,000-square-foot lease extension for its headquarters in Bridgewater, brokers with JLL said, in a deal that comes as part of a plan to right-size its space while allowing its landlord to update the building’s amenities.

Grid: Three tenants combine for 26,000 sq. ft. at loft-style flex building in Jersey City

A loft-style commercial building in Jersey City has added three tenants with more than 26,000 square feet of new leasing activity, in a set of deals arranged by Grid Real Estate.