Deals
Faropoint acquires 30,000 sq. ft. light industrial building to grow Morris County footprint
Faropoint has closed on a deal for more than 30,000 square feet of light industrial space in Lincoln Park, adding to its recent flurry of acquisitions in Morris County.
Single-tenant, 30,000 sq. ft. office building in Parsippany fetches $5 million, Newmark says
A long-term investor has acquired a nearly 30,000-square-foot office building in Parsippany, paying $5 million for the property in a deal arranged by Newmark Associates CRE.
Adoni sells 52-unit Franklin Lakes rental property for $29 million, Cushman says
Adoni Property Group has sold a 52-unit luxury apartment building in Franklin Lakes for $29 million, in a newly announced deal by Cushman & Wakefield.
ICON: Jebara sells 46-unit Long Branch rental building, retail space for $19.4 million
A developer has sold a new 46-unit apartment building and an adjacent retail asset in Long Branch, according to a listing team with ICON Real Estate Advisors.
Marcus: West New York retail, office property sells for $9.5 million in first-ever trade of 38-year-old center
The longtime owner of a more than 27,000-square-foot commercial property in West New York has sold the asset for $9.5 million, brokers with Marcus & Millichap said Tuesday.
