Deals

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

Industrial
Denholtz acquires 724,000 sq. ft. Lehigh Valley industrial portfolio

Denholtz Properties has added more than 720,000 square feet of industrial space to its holdings in the region, acquiring an 18-building portfolio in Pennsylvania’s Lehigh Valley.

Residential & Mixed Use
Hudson Atlantic closes sale of 16-unit Jersey City apartment building for $2.35 million

A private investor has acquired a 16-unit apartment building in Jersey City’s historic Bergen-Lafayette section, in a newly announced deal by Hudson Atlantic Realty.

Office
Fennelly, Keyser partner in $2.3 million office sale in Hamilton

A cooperative that serves independent appliance dealers has acquired a nearly 9,800-square-foot office building in Hamilton for $2.3 million, brokers with Fennelly Associates announced.

Health Care & Education
Larken, pediatric therapy center sign 5,400 sq. ft. medical office deal in Lawrenceville

Larken Associates has signed a new medical office lease in Lawrenceville with a practice that serves children and young adults with autism spectrum disorder.

Industrial
Moving business takes 7,200 sq. ft. in West Caldwell office, industrial deal, Sheldon Gross says

A moving company has found a new home after leasing more than 7,000 square feet of office and warehouse space in West Caldwell, in a deal arranged by Sheldon Gross Realty.

Office
DRA, Onyx sell 288,000 sq. ft. Paramus office building to First Mile Properties

DRA Advisors and Onyx Equities have sold a nearly 288,000-square-foot office building in Paramus, in a newly announced deal by Cushman & Wakefield.

Residential & Mixed Use
Morristown tract slated for 29-unit multifamily project fetches $6.8 million, Kislak says

A development site in Morristown that will be home to 29 townhome-style apartments has traded for $6.8 million, according to a brokerage team with The Kislak Co. Inc.

Retail
Retail, apartment building in downtown Summit trades for $2.9 million

A retail and apartment property in downtown Summit has changed hands for nearly $2.9 million, brokers with Cushman & Wakefield announced Tuesday.

Health Care & Education
Life sciences firm moving to Jersey City from Brooklyn, inking lease at Thor’s 95 Greene

Another life sciences company is headed to Jersey City from Brooklyn under a newly completed lease with Thor Equities Group, in a deal arranged by brokers with JLL.

Retail
Marcus: Site of Hillsborough preschool, daycare center fetches $3.6 million

A private investor has purchased the site of a preschool and daycare center in Hillsborough for nearly $3.6 million, brokers with Marcus & Millichap announced last week.