Deals

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

Office
Newmark: AEP, global IT firm ink 41,000 sq. ft. lease at One Tower Center

A global technology firm has leased 41,000 square feet at East Brunswick’s One Tower Center, marking the latest transaction at the newly renovated, 24-story office building.

Health Care & Education
Pharma research, manufacturing site in Plainsboro sells for $7.7 million, Fennelly says

The site of a pharmaceutical research and manufacturing complex in Plainsboro has changed hands for $7.7 million, brokers with Fennelly Associates announced Wednesday.

Retail
Discount retailer takes 1,500 sq. ft. in Somerset, BRC says

A discount retailer has leased more than 1,500 square feet along Route 27 in the Somerset section of Franklin, in a newly announced deal by Bussel Realty Corp.

Retail
Norman’s Hallmark signs lease in Somers Point for latest South Jersey store

A new Norman’s Hallmark is coming to Atlantic County after signing a lease for more than 6,000 square feet in the city of Somers Point.

Industrial
Lee & Associates: BlackRock buys 300,000 sq. ft. Piscataway warehouse for $80 million

BlackRock Realty Advisors has purchased a nearly 300,000-square-foot industrial building in Piscataway for $80 million, in one of two deals announced by Lee & Associates New Jersey.

Industrial
STRO, KRE Group detail 205,000 sq. ft. lease with Amazon in Woodland Park

The STRO Cos. and Kushner Real Estate Group are touting a lease with Amazon at a new industrial building in Woodland Park, where the e-commerce giant operates a 205,000-square-foot same-day delivery facility.

Retail
RIPCO marketing retail space at Hackensack medical office building, with endcap available

A rare endcap retail space is on the market at a well-known medical office building in downtown Hackensack, according to a leasing team with RIPCO Real Estate.

Retail
Cannabis dispensary takes 2,500 sq. ft. for new West Orange location, Blau & Berg says

A new cannabis dispensary is coming to West Orange after completing a lease for 2,500 square feet, in a newly announced deal by The Blau & Berg Co.

Retail
Investor adds 26,000 sq. ft. Clinton shopping center for $6.2 million, Marcus says

A private investor has acquired a Walgreens-anchored shopping center in Hunterdon County for nearly $6.2 million, brokers with Marcus & Millichap announced Monday.

Retail
H Mart opens at American Dream after lease brokered by Goldstein Group, Chaus Realty

A new H Mart has opened its doors at American Dream, occupying nearly 40,000 square feet inside the massive retail and entertainment complex in East Rutherford.