Deals

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

Office
Zimmel: Torsiello sells 65,000 sq. ft. Somerset office building for $5 million

An affiliate of The Torsiello Organization has sold a nearly 65,000-square-foot office building in Franklin’s Somerset section, brokers with Zimmel Associates announced Tuesday.

Retail
Fennelly inks five retail leases for 17,000 sq. ft. at mixed-use project in Chesterfield

Five retail tenants have leased a combined 16,675 square feet at The Shops at Old York Village, a mixed-use project in Burlington County, in a series of deals arranged by Fennelly Associates.

Industrial
Freight, logistics firm takes 68,000 sq. ft. at Secaucus industrial building, C&W says

A freight and logistics company has leased nearly 68,000 square feet of industrial space in Secaucus, in a newly announced deal by Cushman & Wakefield.

Industrial
Door manufacturer inks full-building, 65,000 sq. ft. industrial lease in Bayonne, BRC says

A door maker has taken more than 65,000 square feet of industrial space as part of a newly completed, full-building lease in Bayonne, brokers with Bussel Realty Corp. announced.

Industrial
Mertz: Bolt maker for aerospace industry buys 60,000 sq. ft. Pennsauken industrial building

The longtime tenant at a Pennsauken industrial building has acquired the 60,000-square-foot facility for $4.25 million, in a newly announced deal by NAI Mertz.

Industrial
CBRE: Cold storage user, longtime tenant at Kearny Point, renews for 228,000 sq. ft.

A cold storage warehousing company has signed a lease renewal at the Kearny Point Industrial Park, where it occupies nearly 230,000 square feet under a deal with Hugo Neu.

Office
Healthy foods maker Hain Celestial inks lease for new headquarters in Hoboken

The maker of Terra vegetable chips, Celestial Seasonings tea and other foods is moving to Hoboken, where it will lease space at SJP Properties’ Waterfront Corporate Center.

Residential & Mixed Use
KRE, Goldman sell 440-unit apartment complex outside Princeton, reportedly for $115 million

Kushner Real Estate Group and Goldman Sachs Asset Management have sold a 440-unit garden apartment complex in Plainsboro, reportedly for $115 million, in a deal arranged by JLL.

Office
Sanzari signs 13,000 sq. ft. office lease in Teaneck with global telecom firm

Alfred Sanzari Enterprises has secured another office tenant at its Glenpointe campus in Teaneck, where a global telecommunications firm has leased nearly 13,000 square feet.

Residential & Mixed Use
Family sells 126-unit Elizabeth apartment complex after 40 years, Gebroe-Hammer says

The longtime owner of a 126-unit garden apartment complex in downtown Elizabeth has sold the property, in a newly announced deal by Gebroe-Hammer Associates.