Deals

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

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.

Retail
Accounting firm buys 2,900 sq. ft. mixed-use building in Clifton, NAI Hanson says

An accounting firm has purchased a nearly 2,900-square-foot mixed-use building in downtown Clifton, in a newly announced deal by NAI James E. Hanson.

Retail
Valley Bank takes 2,800 sq. ft. in Norwood for new branch location, Goldstein Group says

Valley Bank is expanding in Bergen County after leasing 2,800 square feet for a new branch in Norwood, brokers with The Goldstein Group announced Monday.

Office
Two-story, 8,600 sq. ft. office building trades in Hammonton, Vantage Commercial says

A private investor has sold a nearly 8,600-square-foot office building in the Atlantic County town of Hammonton, brokers with Vantage Commercial announced last week.

Retail
Mixed-use building in Scotch Plains trades after renovation, Boniakowski says

A tenant at a newly renovated mixed-use building in Scotch Plains has acquired the property, according to The Boniakowski Commercial Real Estate Group.