Deals

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

Residential & Mixed Use
Seven-unit apartment building in Jersey City trades for $1.1 million, Marcus says

A local developer has sold a seven-unit apartment building in Jersey City for more than $1.1 million, in a newly announced deal by Marcus & Millichap.

Retail
NAI Hanson brokers sale of 3,500 sq. ft. auto repair center in Hackensack

A private investor has acquired a 3,500-square-foot full-service auto repair facility in Hackensack, brokers with NAI James E. Hanson announced last week.

Residential & Mixed Use
Tredway, L+M affiliate acquire Camden affordable housing tower, eyeing major renovation

An investment group has closed on $68 million in financing to acquire and modernize a 225-unit affordable housing property near the Camden waterfront.

Retail
Prism inks leases with Club Pilates, JAG Physical Therapy at Rutherford retail space

Prism Capital Partners has announced two new leases that will bring health and wellness tenants to a mixed-use building in Rutherford.

Residential & Mixed Use
Hoboken parcel fetches $7.5 million in latest deal involving ex-NRIA portfolio, CBRE says

AIRN Management has sold a multifamily development site in Hoboken for $7.5 million, in the latest deal involving the former holdings of National Realty Investment Advisors LLC.

Office
Sanzari, Bertone Piccini sign 12,000 sq. ft. renewal at Heights Plaza

Alfred Sanzari Enterprises has signed a lease renewal with Bertone Piccini LLP, a longtime tenant at its Heights Plaza property at the junction of Route 17 and Interstate 80.

Industrial
Invesco adds 216,000 sq. ft. South Brunswick warehouse, in JLL-brokered deal

Invesco Real Estate has acquired a 216,000-square-foot warehouse in South Brunswick, in a newly announced deal by JLL.

Retail
Goldstein Group: Caliber Collision leases 12,000 sq. ft. on Route 22 in Union Township

The country’s largest collision repair company has taken nearly 12,000 square feet of highway retail space in Union Township, brokers with The Goldstein Group announced.

Residential & Mixed Use
Reynolds buys 360-unit rental portfolio in Texas, its latest out-of-state acquisition

Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.

Office
Accordia Realty Ventures details new office, retail deals in Essex and Bergen counties

Accordia Realty Ventures has announced several new leases and renewals at office buildings in northern New Jersey, part of a flurry of year-end activity for the Fairfield-based firm.