Deals

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

Residential & Mixed Use
Kislak: Investor buys 130-unit Vineland apartment complex for $18.3 million

A private investor has purchased a 130-unit garden apartment complex in Vineland for more than $18 million, in a newly completed deal by The Kislak Co. Inc.

Industrial
C&W: Denville industrial building trades for $7.2 million

Cushman & Wakefield has negotiated the sale of a multitenant, 42,000-square-foot industrial property in Denville for $7.2 million.

Industrial
Sitex, logistics firm ink 40,000 sq. ft. lease in Avenel, BRC says

A logistics firm has taken 40,000 square feet of industrial space in the Avenel section of Woodbridge, according to a broker with Bussel Realty Corp.

Retail
KABR, BTF acquire 125,000 sq. ft. Rockland County retail center, in JLL-brokered deal

The KABR Group and BTF have purchased a grocery-anchored retail center in Rockland County for $30 million, in a deal by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Skylight, PCCP acquire 276-unit Fort Lee rental property for $117 million, CBRE says

A joint venture has acquired 276 luxury apartments in Fort Lee for $116.5 million, marking another high-profile addition to its portfolio along the Hudson waterfront.

Residential & Mixed Use
Cervilli inks sale of 104-unit senior housing complex in Atlantic City

The site of a 104-unit affordable housing property in Atlantic City has changed hands, in a recent transaction by Cervelli Real Estate.

Retail
Developer sells new 7-Eleven property in North Bergen for $2.6 million

A developer has sold the site of a newly built 7-Eleven property in North Bergen for $2.6 million, in newly announced deal by CBRE.

Health Care & Education
NAI Hanson: Orthopedic, physical therapy practice takes 7,300 sq. ft. in Paramus

An orthopedic and physical therapy practice has leased nearly 7,300 square feet of medical office space in Paramus, brokers with NAI James E. Hanson said Tuesday.

Industrial
Devli acquires Wallington industrial site, assembling 34-acre development parcel

Devli Real Estate has assembled 34 acres of industrial property in Wallington, creating a rare large tract of developable land in and around the Meadowlands submarket.

Industrial
Seagis adds two-building, 19,000 sq. ft. Moonachie industrial portfolio

Seagis Property Group LP has acquired two vacant industrial buildings in Moonachie, adding more than 19,000 square feet to its portfolio in the Meadowlands submarket.