CRANFORD AND ELIZABETH, NJ—“Riverside Garden is a premium-priced property which had been family-owned for two generations,” says Kislak's Jeff Squires. “Investors have been jumping at the opportunity to own multifamily properties near mass transit-oriented communities like the recently redeveloped downtown Cranford”.

POMPTON PLAINS, NJ—“Well-leased, grocery-anchored, North Jersey retail centers like Plaza 23 continue to attract institutional bidders,” says Jose Cruz of HFF, who helped market the property.

SPRINGFIELD, NJ—Real Capital Analytics says the property is 97-percent occupied. It's the eighth property Gebroe-Hammer has sold for Segal & Segal since 2015.

Smaller deals and transactions around the northeast, and recent executive appointments and news developments in the market.

PHILADELPHIA—The Durst Organization has acquired Philadelphia Piers at Penn's Landing, a section of the Philadelphia waterfront that spans Piers 12, 13-15, 19 and 24. It is The Durst Organization's first purchase outside of New York.

SECAUCUS, NJ—At 50 Meadowlands Parkway, VER, a provider of audio, video, lighting, rigging and media services, signed a 223,000-square-foot lease. At 1 County Road, David Donahue, a retailer of fine menswear, signed a 27,440-square-foot lease, and Jay Joshua, an import business, signed on for 9,195 square feet.

PARSIPPANY, NJ—Kasbar has more than 27 years of transactional brokerage experience and, over the past decade, has been involved in $50 million annually in lease transactions.

JERSEY CITY, NJ—Situated just three blocks from NJCU's Main Campus, University Place will encompass 22 acres with more than 200,000 square feet of retail, 110,000 square feet of education space and a 425-bed student housing community.