Deals

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

Office
Accordia, Kearny Bank ink 26,000 sq. ft. lease for lender’s expansion in Fairfield

Kearny Bank is expanding its corporate footprint in Fairfield by nearly 26,000 square feet, under a newly completed lease with Accordia Realty Ventures.

Industrial
Prologis plans 185,000 sq. ft. logistics center after buying Mount Laurel office building

Prologis has purchased a Mount Laurel office building that it now plans to redevelop as nearly 185,000 square feet of modern industrial space, in a newly announced deal by CBRE.

Industrial
Hampshire leases 102,000 sq. ft. at newly acquired, updated Allendale building, brokers say

The Hampshire Cos. has attracted two tenants to a Bergen County industrial building, leasing a combined 102,000 square feet in deals by NAI James E. Hanson and The Van Houten Group.

Industrial
Restaurant owner buys 15,000 sq. ft. in Hamilton as commissary space, Fennelly says

A restaurateur has purchased 15,000 square feet of industrial space in Hamilton that he will use as a facility for his new catering business, according to brokers with NAI Fennelly.

Office
Signature Acquisitions details 15 leases in Union, Monmouth totaling 55,000 sq. ft.

The owner of an eight-building, 820,000-square-foot office portfolio in Union County is touting more than a dozen recent deals at the properties, including eight new leases or expansions.

Industrial
KABR, FCA-Orbita Group purchase 620,000 sq. ft. Queens warehouse complex

Two New Jersey-based investment firms have acquired a two-building, 620,000-square-foot industrial complex in Queens, under a nearly $74 million deal announced Tuesday.

Industrial
Invesco, Baranof acquire newly built self-storage facility in Red Bank

A joint venture led by Invesco Real Estate has purchased a nearly 60,000-square-foot self-storage facility in Red Bank, in a transaction arranged by Cushman & Wakefield.

Industrial
Investors buy Central Jersey warehouse, development sites in deals worth $54 million

A joint venture has made three new additions to its New Jersey industrial holdings, acquiring a long-term investment property and two development sites for a combined $54 million.

Office
JLL: John Hancock sells two-building, 302,000 sq. ft. office campus near Princeton

Insurance giant John Hancock has sold a fully leased, 302,000-square-foot office campus in West Windsor, in a deal arranged by brokers with JLL.

Office
Newmark inks lease extensions for law firms in Roseland, Livingston

Two law firms have extended their leases in Essex County’s western suburbs, under a set of newly announced transactions by Newmark.