Residential & Mixed Use
Middlesex County apartment portfolio trades for $9.7 million, Gebroe-Hammer says

A growing multifamily owner has added to its holdings with three properties in Middlesex County, acquiring the 53-unit portfolio for nearly $10 million.

Deals
Route 35 development parcel in Sayreville sold, in Blau & Berg-brokered deal

The Blau & Berg Co. has brokered the sale of nearly two-thirds of an acre in Sayreville that it says is now slated for future development.

Industrial
Massive ex-manufacturing site in Sayreville to be reborn as 1.1 million sq. ft. logistics hub

A long-dormant and formerly contaminated site in Sayreville, once home to gunpowder and chemical plants, is finding new life under a development that will add more than a million square feet of modern industrial space to the market in Central Jersey. The three-building Arsenal Trade Center also promises to bring new jobs and ratables to the Raritan Bay region. Experts say that, while players like Amazon are stepping back from warehouse and logistics expansion in the state, the market for such properties remains robust.

Industrial
Joint venture breaks ground on 1.1 million sq. ft. logistics park four miles from N.J. Turnpike

Construction is underway on a project that will bring nearly 1.1 million square feet of high-end industrial space to a 74-acre former chemical plant site in Sayreville.

Industrial
BRC inks sale of 8,000 sq. ft. repair facility in Sayreville

A company that repairs shipping trailers has purchased an 8,000-square-foot industrial building in Sayreville, under a deal arranged by Bussel Realty Corp.

Finance & Capital Markets
NorthMarq inks $51 million to refinance Middlesex County rental complexes

The owner of a 184-unit apartment complex in Sayreville has refinanced for $27 million, in the largest of three newly announced transactions by NorthMarq.

Residential & Mixed Use
Investment group sells 136-unit senior housing site in Sayreville for $28 million

An investment firm has announced the sale of a new two-building, 136-unit senior housing complex in Sayreville for $28 million.

Industrial
BRC: Lighting company takes 13,000 sq. ft. in Piscataway

A lighting company has leased nearly 13,000 square feet of industrial space in Piscataway, in the largest of three newly announced transactions by Bussel Realty Corp.

Retail
Redeveloper of massive Sayreville site names new senior vice president, director

The developer of a planned 5 million-square-foot, $2.5 billion project at a long-dormant site in Sayreville has hired a new executive to oversee the effort.

Residential & Mixed Use
Redwood: Multifamily trades in Middlesex, Sussex total $22.5 million

A new 80-unit, age-restricted rental property in Sayreville has changed hands for $13 million, in one of two recent multifamily transactions by Redwood Realty Advisors.