Deals

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

Five Guys location under new ownership, renegotiates lease at Route 22 shopping center

A Five Guys location at Watchung’s Blue Star Shopping Center is under new ownership and has renegotiated its lease, according to Levin Management Corp., the leasing and managing agent for the 420,000-square-foot property on Route 22.

North Bergen condo building inks six contracts in February, developer says

A new upscale condominium tower in North Bergen is gaining momentum, securing six contracts last month for its collection of 70 homes along the Hudson River.

Advance, Greek sign two leases totaling 491,000 sq. ft. at new Logan logistics park

A development team has preleased the latest phase of a 3.2 million-square-foot industrial park in Logan Township, where two logistics firms will occupy a combined 491,000 square feet.

KABR adds 138-unit Bayonne rental property for $50 million

KABR Group has purchased a 138-unit luxury apartment building in Bayonne for nearly $50 million, in a deal arranged by brokers with JLL.

Faropoint acquires 62,000 sq. ft. Meadowlands building for $17.7 million

Investment firm Faropoint has acquired a 62,000-square-foot industrial building in Moonachie, in a newly announced deal valued at nearly $18 million.

Fitness concepts combine for 3,800 sq. ft. in Shrewsbury, Katz & Associates says

Two new fitness tenants are coming to a Shrewsbury shopping center, under a set of newly completed transactions by Katz & Associates.

Larken Associates negotiates lease for flexible workspace at Amwell Mall in Hillsborough

Larken Associates has negotiated a lease with NJ Real Estate Boutique at the Suite Life at Amwell Mall, a 4,246-square-foot next-generation workspace for corporate professionals, freelancers and contractors in Hillsborough.

Sanzari, fragrance company ink 79,000 sq. ft. renewal at Norwood industrial building

Alfred Sanzari Enterprises has signed a nearly 80,000-square-foot renewal with an essential oils and aroma chemical company, its longtime tenant at a Bergen County industrial building.

LPC touts 12,000 sq. ft. in new leases among recent deals at Parsippany office building

The owner of a Parsippany office building has inked three new leases for a total of nearly 12,000 square feet, while also completing a series of renewals and expansions at the property.

JLL inks sale of 209-unit Stamford apartment tower

An investment group has sold a 209-unit apartment tower in downtown Stamford, Connecticut, in a deal arranged by JLL’s New Jersey-based capital markets team.