Deals

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

Residential & Mixed Use
Hudson Capital Properties sells 288-unit North Bergen rental community, CBRE says

Hudson Capital Properties has sold a six-building, 288-unit apartment property in North Bergen, in a newly announced deal by CBRE.

Residential & Mixed Use
HVPG details newly completed, $71 million rehab of Jersey City senior housing property

Hudson Valley Property Group has completed a $71 million acquisition, preservation and renovation project at a 283-unit senior housing tower in Jersey City’s Journal Square neighborhood.

Retail
Swim school takes 9,000 sq. ft. at North Bergen shopping center, GRID says

Aqua-Tots Swim Schools is expanding in New Jersey after leasing more than 9,000 square feet at a North Bergen shopping center, in a newly announced deal by GRID Real Estate.

Industrial
Holland Marble takes 3,700 sq. ft. at Freehold industrial park, Sheldon Gross says

A kitchen and bathroom countertop company has leased nearly 3,700 square feet of industrial space in Freehold, brokers with Sheldon Gross Realty announced last week.

Industrial
STRO, KRE ink deal with HVAC manufacturer to lease up Jacksonville facility

The STRO Cos. and Kushner Real Estate Group have secured a tenant for a nearly 33,000-square-foot industrial building in Jacksonville, Florida.

Professional Services
Cresa New Jersey team debuts new space, adds two senior brokers after record year

Brokerage firm Cresa has found a new home in Rutherford, where it has doubled its footprint while also announcing two additions to its team in the region.

Office
Tutoring center takes 5,000 sq. ft. in Summit in lease arranged by Chilmark, Jeffery

A tutoring business has leased 5,000 square feet for a new location in downtown Summit, in a deal arranged by Chilmark Real Estate Services and Jeffery Realty.

Retail
Monmouth Cards, Bergen Debate Club combine for 3,200 sq. ft. at Livingston Town Center

The mixed-use Livingston Town Center property is welcoming two new tenants after a pair of leases arranged by Azarian Realty Co.

Residential & Mixed Use
Plainfield development site slated for 71 rental units trades for $2.6 million

A developer has acquired a site in Plainfield with approvals in place for more than 70 apartments, in a deal arranged by Berkadia’s Morristown office.

Industrial
Woodmont, Butters ink three leases at 76,000 sq. ft. warehouse in Palm Beach County

Woodmont Industrial Partners and Butters Construction & Development have leased up nearly 76,000 square feet of new industrial space in Florida’s Palm Beach County.