Deals

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

Residential & Mixed Use
Newark, East Newark portfolio with 20 apartments trades for $3.2 million, Kislak says

A partnership has sold a three-building, 20-unit apartment portfolio in Newark and East Newark for nearly $3.2 million, according to a brokerage team with The Kislak Co. Inc.

Office
PNC inks 26,000 sq. ft. office lease at Overlook Corporate Center, JLL says

PNC Bank has taken more than 26,000 square feet at Overlook Corporate Center in Little Falls, in one of two newly announced leases at the property by JLL.

Industrial
Diversified buys 9,000 sq. ft. industrial building in Montville

Diversified Properties has purchased a 9,000-square-foot industrial building in the Towaco section of Montville.

Residential & Mixed Use
Kislak: Family owners sell 120-unit apartment portfolio in Elizabeth, Hillside for $15 million

A family ownership group has sold a 120-unit apartment portfolio in Union County for $15 million, in a newly announced deal by The Kislak Co. Inc.

Retail
Pierson Commercial inks $2.5 million sale of commercial condo at Hoboken’s Wonder Lofts

Prism Capital Partners has sold a 3,400-square-foot commercial condominium at the newly opened Wonder Lofts property in Hoboken, in a deal arranged by Pierson Commercial.

Retail
Goldstein Group inks sale of 17,000 sq. ft. car dealership property

A high-end car dealership has purchased a 17,400-square-foot commercial building on Route 1 South in Edison, brokers with The Goldstein Group announced Monday.

Retail
Azarian: Co-working concept takes 1,500 sq. ft. at North Brunswick lifestyle center

A co-working concept has leased nearly 1,500 square feet to join the tenant mix at a North Brunswick retail center, in a newly announced deal by Azarian Realty Co.

Retail
Renaissance Properties touts debut of bagel shop at mixed-use Chesterfield project

A new bagel shop has opened at the mixed-use development in Burlington County known as The Shops at Old York Village, under a recently announced lease by Renaissance Properties.

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.