Deals

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

Industrial
Terreno sells North Bergen industrial building for $26 million, nearly doubling investment

Terreno Realty Corp. has sold a 127,000-square-foot industrial building in North Bergen for some $25.5 million, nearly double the price it paid for the property in 2017.

Retail
Pierson inks deal to bring Mexican eatery, tequila bar to Veris Residential tower in Jersey City

A restaurant group is bringing a Mexican eatery and tequila bar to Jersey City, where it has leased 8,000 square feet at a new apartment tower built by Veris Residential Inc.

Office
Larken, Summit Health ink 4,000 sq. ft. renewal at Springfield office building

Summit Health has signed a renewal at a medical office building in Springfield, where it occupies more than 4,000 square feet under a lease with Larken Associates.

Industrial
STRO adds 81,000 sq. ft. Mahwah industrial building, in JLL-brokered deal

The STRO Cos. has purchased an 81,000-square-foot industrial building in Mahwah, as it continues its search for property in northern New Jersey.

Office
Summit office building fully leased after 3,600 sq. ft. deal by financial services firm

A financial services firm has leased 3,600 square feet of office space in downtown Summit, in a newly announced deal by NAI James E. Hanson.

Office
Plastic surgeon adds second location with 3,400 sq. ft. lease in Montvale, JLL says

A cosmetic surgery practice has joined the fast-growing roster of health care tenants at a 32,000-square-foot office building in Montvale, according to a leasing team with JLL.

Hospitality & Tourism
HWE: Marriott Saddle Brook slated for upgrades after sale to private investor

The longtime owner of a highly visible, 241-key Marriott hotel in Saddle Brook has sold the property, in a newly announced deal by Hodges Ward Elliott.

Retail
CBRE: Teaneck retail center trades for first time in 65 years, fetching $6.25 million

A real estate firm has sold a grocery-anchored shopping center in Teaneck for $6.25 million, marking the first trade of the property in 65 years.

Retail
Lawn Buddies takes 3,500 sq. ft. at Somerville retail building, BRC says

A lawn care company is adding a location in central New Jersey after leasing 3,500 square feet of retail space in Somerville, brokers with Bussel Realty Corp. said Monday.

Office
Three tenants combine for 7,500 sq. ft. at Teaneck office building, CBRE says

The owner of a Teaneck office building has signed three new leases totaling more than 7,500 square feet, in a series of newly announced deals by CBRE.