Deals

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

Industrial
Investor buys 553,000 sq. ft. Parsippany industrial building, reportedly for $116 million

Brooklyn-based Madison Properties had added to its New Jersey portfolio with the purchase of more than 550,000 square feet of industrial space in Parsippany.

Office
Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

A telecommunications firm has taken 7,000 square feet of office space just off Route 24 in Summit, according to a broker with NAI James E. Hanson.

Retail
Safelite takes 4,800 sq. ft. on Route 37 in Toms River, Blau & Berg says

Windshield repair company Safelite has leased nearly 5,000 square feet of retail space in Toms River, in a newly announced deal by The Blau & Berg Co.

Deals
McBride: Longtime Hudson County embroidery factory sold, slated for redevelopment

The longtime home of an embroidery factory in Guttenberg has changed hands and is now slated to be redeveloped as multifamily housing, a broker with McBride Corporate Real Estate said.

Retail
Woodbridge auto repair business buys dealership site, BRC says

An auto repair business in Woodbridge has purchased a nearby dealership site in the township’s Sewaren section, under a deal arranged by Bussel Realty Corp.

Industrial
NAIDB: Six-building, 165,000 sq. ft. industrial site in Fair Lawn trades for $8.8 million

A private investor has acquired more than 165,000 square feet of industrial space in the Bergen County borough of Fair Lawn, in a newly announced deal by NAI DiLeo-Bram & Co.

Industrial
CenterPoint preleases 322,000 sq. ft. Linden industrial project to logistics firm

CenterPoint Properties has preleased more than 320,000 square feet of new industrial space under construction in Linden, securing a deal with a locally based third-party logistics firm.

Office
Fidelco adds to tenant roster at 550 Broad in Newark, in lease with historic nonprofit

Fidelco Realty Group has brought another tenant to a well-known office tower in downtown Newark, inking a lease with a nonprofit that has served the city for nearly a century.

Office
Joint venture buys 101,000 sq. ft. Princeton-area office building, JLL says

An investment group has purchased a nearly 101,000-square-foot office building some five miles from downtown Princeton, in a newly announced deal by JLL.

Health Care & Education
Atkins buys Washington Twp. medical office building for $14 million

Atkins Cos. has expanded its medical office portfolio with the addition of more than 70,000 square feet in Gloucester County, brokers with Avison Young announced Tuesday.