Deals

Keep up with all of the major leases, investment sales and financing activity in New Jersey.

Industrial
Ecommerce, 3PL firm expands to final space at Larken’s Hillsborough Business Center

Larken Associates has leased up nearly 600,000 square feet of flex industrial space in Hillsborough thanks to an expansion by an ecommerce and third-party logistics firm.

Industrial
Trade school takes 25,000 sq. ft. at Branchburg industrial building, Deluccia says

A vocational training business has leased nearly 25,000 square feet for a new facility in Somerset County, brokers with Deluccia Commercial Group announced Tuesday.

Industrial
Devli acquires 67,000 sq. ft. industrial, retail portfolio on Route 17 in Upper Saddle River

Devli Real Estate has added to its Bergen County portfolio, acquiring a 67,000-square-foot flex industrial and retail complex in Upper Saddle River.

Industrial
Truck parts seller, distributor takes 3,800 sq. ft. in Linden industrial deal, BRC says

The owner of a 3,800-square-foot industrial building in Linden has leased the space to Eagle Truck Parts of New Jersey, a seller and distributor serving the commercial transportation and trucking industries.

Retail
Deals for Starbucks, Vitamin Shoppe properties among 2026 investment sales by BR&D

A private investor has picked up a triple-net-leased Starbucks property in Somerset County, according to a brokerage team with Bennett Realty & Development.

Industrial
RRNNJ: Pine Brook, Morris Plains industrial deals among latest signs of demand for infill, accessible spaces

The owner of a Morris County industrial building has filled more than 23,000 square feet, highlighting the appeal of specialized assets and the increasingly tight market for the region’s smaller, infill spaces.

Industrial
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.

Office
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.

Residential & Mixed Use
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.

Residential & Mixed Use
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.