Deals

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

Residential & Mixed Use
Kislak brokers sale of 58-unit apartment complex in New York’s Southern Tier

The longtime owners of a 58-unit apartment complex in New York’s Southern Tier has sold the property for $2.83 million, in a deal arranged by The Kislak Co. Inc.

Industrial
Ridgefield Park-based KABR, Monocle Group secure lease expansion at Queens warehouse

KABR Group and Monocle Group have signed a lease extension and expansion that will allow a fast-growing auto parts retailer to double its footprint at a Queens industrial complex.

Retail
Larken signs 1,400 sq. ft. lease, adds performing arts studio to Hillsborough shopping center

Larken Associates has leased more than 1,400 square feet in Hillsborough to a South Asian performing arts studio, the commercial real estate firm said Tuesday.

Office
Sanofi coming to Morristown in 260,000 sq. ft. lease at M Station

Pharmaceutical giant Sanofi is moving its New Jersey team to Morristown, where it will occupy 260,000 square feet of new ground-up office space built by SJP Properties and Scotto Properties.

Health Care & Education
Savills: Contract drug maker takes 60,000 sq. ft., doubles footprint at EDA campus on Route 1

A specialty pharmaceutical maker has more than doubled its footprint at a state-owned campus in North Brunswick, where it’s set to occupy nearly 60,000 square feet across a full building.

Office
Adoni buys 217,000 sq. ft. Basking Ridge office complex, C&W says

Adoni Property Group has acquired a nearly 217,000-square-foot office complex in Somerset County, with plans to add amenities to help lure new tenants to the property.

Retail
Marcus: Net-leased QuickChek gas, convenience store in Somerset trades for $7 million

A developer has sold the site of a net-leased QuickChek gas station and convenience store in Franklin Township for more than $7 million, in a deal arranged by Marcus & Millichap.

Retail
French bakery business takes 2,600 sq. ft. in Somerville, in Deluccia-brokered deal

A growing bakery chain has leased nearly 2,600 square feet in downtown Somerville, in a newly announced deal by Deluccia Commercial Group.

Retail
Starbucks, Jersey Mike’s among new retailers at Hackensack’s Print House, NAI Hanson says

Starbucks and Jersey Mike’s are coming to a mixed-use community at the former Bergen Record site in Hackensack, joining previously announced retail tenants such as Blue Foundry Bank and Hackensack Meridian Health at the River Street property.

Retail
Livingston retail, office property trades for $5.2 million, C&W says

A buyer has paid $5.2 million for a Livingston property with more than 27,000 square feet of retail and office space, brokers with Cushman & Wakefield announced.