Deals

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

Office
JLL: Princeton office building trades for $12.7 million in deal between Nessel, SFA

An investment firm has sold a nearly 72,000-square-foot office building in Princeton for $12.7 million, in a newly announced deal by JLL.

Retail
Swim school leases 10,000 sq. ft. at The Shoppes at North Brunswick, Azarian says

A growing chain of swim schools has taken nearly 10,000 square feet at an upscale shopping center in North Brunswick, according to a leasing team with Azarian Realty Co.

Office
CPN inks deals in Pennington with development firm, printing company

A developer focused on sustainability has leased more than 1,300 square feet of office space in Pennington, in one of two new deals in the borough by Commercial Property Network Inc.

Industrial
JLL: Investor adds 101,000 sq. ft. Piscataway warehouse in $26.5 million sale-leaseback

A private investor has purchased more than 100,000 square feet of industrial space in Piscataway, in a sale-leaseback valued at $26.5 million.

Industrial
CBRE: Faropoint buys 119,000 sq. ft. light industrial building in Swedesboro for $13 million

Faropoint has acquired a 119,000-square-foot light industrial building in Gloucester County for more than $13 million, brokers with CBRE announced Wednesday.

Industrial
BLP acquires 202,000 sq. ft. Meadowlands warehouse, in Leo Josephs-brokered deal

Bridge Logistics Properties has added to its New Jersey portfolio with its purchase of a 202,000-square-foot warehouse in Bergen County, in a deal arranged by Leo Josephs & Co. Inc.

Industrial
Gold’s Gym operator inks 43,000 sq. ft. renewal in Teterboro, NAI Hanson says

The operator of a Gold’s Gym has renewed its nearly 43,000-square-foot lease at a Teterboro flex property, according to brokers with NAI James E. Hanson.

Retail
Kushner adds seafood restaurant, sunglasses shop to Pier Village retail lineup

Two retail tenants will open their first New Jersey locations after signing leases at Kushner’s mixed-use Pier Village property in Long Branch.

Office
Marcus inks $13 million sale of 28,000 sq. ft. office, retail property in downtown Red Bank

An investment group has sold a mixed-use building in downtown Red Bank for $12.75 million, or more than $450 per square foot, in a deal arranged by Marcus & Millichap.

Office
Sanzari touts lease expansion at Glenpointe by waste collection, recycling firm

A waste collection and recycling firm has expanded at the Glenpointe campus in Teaneck, where it now leases nearly 18,000 square feet from Alfred Sanzari Enterprises.