Industrial
Investor acquires new 146,000 sq. ft. warehouse in Hamilton, CBRE says

An investment firm has added to its fast-growing portfolio in the state, acquiring a soon-to-be-completed industrial building in Hamilton for $29.6 million.

Deals
Passaic religious building sells for $750,000, CBRE says

A religious organization has sold a nearly 13,000-square-foot church building in Passaic for $750,000, in a newly completed transaction by CBRE.

Industrial
Camber adds 1.24 million sq. ft. industrial portfolio in South Jersey, Pennsylvania

Investment firm Camber Real Estate Partners is expanding its footprint to South Jersey and Pennsylvania, having acquired a 1.24 million-square-foot industrial portfolio in the region.

Residential & Mixed Use
South Orange apartments trade for $84 million, CBRE says

An investor has acquired a 200-unit luxury apartment complex in South Orange for more than $84 million, in a newly completed transaction by CBRE.

Industrial
CBRE: Available warehouse, logistics space in New Jersey hits record low as calendar turns

In a year that only reaffirmed the strength of New Jersey’s industrial sector, availabilities in the market reached an all-time low as demand surged further through the end of 2020.

Residential & Mixed Use
Journal Square apartment building with 31 units sells for $4.4 million, CBRE says

The longtime owners of a 31-unit apartment building in Jersey City have sold the property for $4.4 million, in a newly announced transaction by CBRE.

Industrial
CBRE: Vineland industrial building sold to private equity firm, fetching $22 million

A private equity firm has expanded its industrial portfolio in the state with the purchase of a fully leased, 269,500-square-foot property in Vineland, according to brokers with CBRE.

Office
GSA, law firm ink renewals at Hackensack office complex

Two tenants at a well-known office complex in Hackensack have signed long-term lease renewals, in a set of newly announced transactions by CBRE.

Office
C&W tapped to manage ex-Honeywell campus in Morris Plains

The new owner of the former Honeywell International headquarters in Morris Plains has selected Cushman & Wakefield to manage the property.

Industrial
Hartz eyes 515,000 sq. ft. industrial project in Teterboro

Hartz Mountain Industries is planning some 515,000 square feet of new industrial space in Teterboro after recently completing a 30-acre assemblage along Route 17.