Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets.

This week by the numbers

Larger units, updated offerings ignite apartment demand. Robust job growth and household formation in the Greater New York Area continue to drive prospective tenants to Northern New Jersey. Greater value can be found across the Hudson as renters can nearly double their square footage in New Jersey for the same price paid in Manhattan, according to Marcus & Millichap's research. An influx of development provides renters with more luxury choices, all while being near highways and public transportation for quick access to the city. In more suburban areas, multifamily demand remains strong as well due to the rising cost of single-family homes and rentals that are even more affordable than those along the Gold Coast. The firm expects 2017 multifamily units to total 9,500 for the year, far more than the 5,700 units in 2016. Most are in Hudson County. But the market is slowing down. The vacancy rate rose to 4.5 percent, “nearly erasing the 50-basis-point drop posted last year,” Marcus & Millichap says.