Deals

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

Office
Buyer adds 5,000 sq. ft. office, retail property in Chatham for $2.35 million, Kislak says

An office and retail property in Chatham has changed hands for $2.35 million — or $470 per square foot — in a newly announced deal by Kislak Commercial Real Estate Services Inc.

Retail
Blau & Berg: Site of ex-bakery in Kearny sold, slated for renovations

The former site of a well-known bakery in Kearny has changed hands, brokers with The Blau & Berg Co. announced Wednesday.

Office
Consultant takes 5,465 sq. ft. at new mixed-use Somerville building, Deluccia says

A consultant for large-scale utility projects has leased nearly 5,500 square feet at a new mixed-use building in Somerville, in a deal arranged by Deluccia Commercial Group.

Residential & Mixed Use
Hudson Atlantic inks sale of 14-unit Sussex apartment building for $2.6 million

An investor has purchased a 14-unit garden apartment property in Sussex County for $2.6 million, under a deal arranged by Hudson Atlantic Realty.

Retail
Restaurant, physical therapy practice ink leases at Delran retail center, LMC says

Two new tenants are coming to a Burlington County retail center after leasing a combined 10,500 square feet, in a set of newly announced deals by Levin Management Corp.

Hospitality & Tourism
Veris completes sale of Hyatt Regency Jersey City to Taconic, HEI

Veris Residential Inc. has completed its sale of the Hyatt Regency Jersey City, as the real estate investment trust continues to shed properties outside the luxury apartment sector.

Industrial
Marcus inks sale of 31,000 sq. ft. Newark industrial building for $6 million

A private owner has sold a nearly 32,000-square-foot Newark industrial building for $6 million, in a newly announced transaction by Marcus & Millichap.

Hospitality & Tourism
Newly renovated Somerset County hotels change hands for $36 million

An investment manager has purchased two Somerset County hotels with a combined 234 rooms, having secured more than $30 million in acquisition financing for the transaction.

Retail
Zoltek Commercial inks deals on redevelopment projects in Wood-Ridge, East Orange

Zoltek Commercial Real Estate Services has negotiated closings on redevelopment properties in Wood-Ridge and East Orange.

Deals
Treetop buys medical office building, development sites in Bridgewater for $27 million

Treetop Development has acquired three properties in Bridgewater for $27 million, adding a medical office building and two adjacent lots that it hopes to develop as industrial space.