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Kislak: Developer sells new boutique rental building in Jersey City for $625,000 per unit

Kislak: Developer sells new boutique rental building in Jersey City for $625,000 per unit

by Joshua Burd | May 29, 2025

70 Central Lofts at 70 Central Ave. in Jersey City — Courtesy: The Kislak Co. Inc. By Joshua Burd Legacy Development Group has sold a new 31-unit luxury apartment building in Jersey City for $20 million — a per-unit price of $625,000 — in a deal arranged by The Kislak...
West Orange medical office building trades for $2.5 million, NAI Hanson says

West Orange medical office building trades for $2.5 million, NAI Hanson says

by Joshua Burd | May 29, 2025

1001 Pleasant Valley Way in West Orange — Courtesy: NAI James E. Hanson By Joshua Burd An investor has sold a 10,000-square-foot medical office building in West Orange for $2.5 million, brokers with NAI James E. Hanson announced Thursday. According to a news release,...
LEG buys 170-unit Long Branch rental property with $122 million equity, debt deal

LEG buys 170-unit Long Branch rental property with $122 million equity, debt deal

by Joshua Burd | May 28, 2025

Ocean Gate at 85 Cooper Ave. in Long Branch — Courtesy: Walker & Dunlop By Joshua Burd Lincoln Equities Group has acquired a new 170-unit luxury multifamily property in Long Branch with the help of $121.5 million in equity and financing secured by Walker &...
Longtime owner sells 24,000 sq. ft. Glen Rock retail center in deal arranged by C&W

Longtime owner sells 24,000 sq. ft. Glen Rock retail center in deal arranged by C&W

by Joshua Burd | May 28, 2025

886-924 Prospect St. in Glen Rock — Courtesy: Cushman & Wakefield By Joshua Burd Brentwood Realty has acquired more than 24,000 square feet of retail space in Glen Rock, in a newly announced deal by Cushman & Wakefield. The brokerage team represented the...
Vitamin distributor leases 5,000 sq. ft. at Garwood industrial building, BRC says

Vitamin distributor leases 5,000 sq. ft. at Garwood industrial building, BRC says

by Joshua Burd | May 28, 2025

650 South Ave. in Garwood — Courtesy: Bussel Realty Corp. By Joshua Burd A national vitamin distributor has taken more than 5,000 square feet of industrial space in Garwood, according to a brokerage team with Bussel Realty Corp. In a news release, BRC said the...
Resource Realty inks North Jersey industrial sales totaling $7.5 million, plus three leases

Resource Realty inks North Jersey industrial sales totaling $7.5 million, plus three leases

by Joshua Burd | May 27, 2025

273 Franklin Road in Randolph — Courtesy: Resource Realty of Northern New Jersey By Joshua Burd Commerce Park Investors has acquired a 28,000-square-foot warehouse in Randolph for $4.5 million, in one of five newly announced deals by Resource Realty of Northern New...
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