Deals

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

Office
KABR, Kushner detail three leases for 9,400 sq. ft. at Journal Square office tower

The KABR Group and Kushner have signed three new leases at a newly renovated, 111,000-square-foot office tower in Jersey City’s iconic Journal Square neighborhood.

Industrial
Industrial buyer adds 170,000 sq. ft. Linden warehouse portfolio in reported $90 million deal

An investment manager has purchased a two-building, 170,000-square-foot industrial portfolio in Linden, completing the latest acquisition by its growing Northeast office.

Residential & Mixed Use
Diversified buys Wharton parcel approved for 60-unit multifamily project, NAI Hanson says

Diversified Properties has acquired the site of what’s slated to become a new 60-unit luxury multifamily property in Morris County, brokers with NAI James E. Hanson announced.

Deals
NAI Fennelly inks sale of six-acre land site in Burlington County

A family has sold six acres of land along Route 206 in northern Burlington County, in a newly announced transaction by NAI Fennelly.

Industrial
Petrucci: Logistics firm’s lease at Logan Twp. storage lot among 395,000 sq. ft. in new deals

J.G. Petrucci Co. Inc. has welcomed seven tenants to its portfolio in New Jersey and Eastern Pennsylvania after recently leasing nearly 400,000 square feet in 90 days.

Industrial
Realterm buys 34,000 sq. ft. Port Newark facility, in latest North Jersey deal

Logistics investor Realterm has acquired the site of a nearly 34,000-square-foot industrial building minutes from Port Newark, the firm announced Tuesday.

Industrial
Investment firm buys 144,000 sq. ft. Essex County facility in sale-leaseback

Investment firm MAG Capital Partners has acquired a nearly 145,000-square-foot building in Essex County as part of a sale-leaseback with the owner of a cosmetics manufacturer.

Industrial
Tanker company adds 220,000 sq. ft. Bridgewater complex for $37 million

An affiliate of a national tanker truck company has acquired a 220,000-square-foot industrial complex in Bridgewater for $37 million, according to a team with Bussel Realty Corp.

Retail
New Sherwin-Williams store in Maplewood among recent deals by Goldstein Group

Sherwin-Williams has leased 5,000 square feet for a new location in Maplewood, in one of several recently announced transactions by The Goldstein Group.

Industrial
Roofing, gutter company takes 103,000 sq. ft. in Somerset, BRC says

A roofing and gutter manufacturer has leased more than 100,000 square feet of industrial space in Franklin’s Somerset section, in a newly announced deal by Bussel Realty Corp.