Deals

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

Industrial
Taconic acquires 360,000 sq. ft. North Brunswick industrial building for $74 million

Taconic Partners has added its second New Jersey industrial building with the purchase of a fully leased, 360,000-square-foot facility in North Brunswick for $74.3 million.

Health Care
Doren Development inks 4,000 sq. ft. lease in Passaic for plasma donation center’s third location

Doren Development has secured a new tenant at a Passaic office building after leasing 4,000 square feet to a plasma donation center.

Industrial
WCRE: South Jersey plumbing, HVAC business buys 10,000 sq. ft. Camden warehouse

A plumbing and HVAC business has acquired a 10,000-square-foot industrial property in Camden, in a newly announced deal by Wolf Commercial Real Estate.

Industrial
Sitex expands to South Florida with two-building, 53,000 sq. ft. industrial deal

Sitex Group has entered the South Florida market with the acquisition of more than 53,000 square feet of warehouse space in Fort Lauderdale.

Residential & Mixed Use
Rose Commercial: Countertop business buys former furniture showroom in Cherry Hill

A residential and commercial countertop business has acquired a 12,000-square-foot retail property in Cherry Hill, in a newly announced deal by Rose Commercial Real Estate.

Office
Martial arts school takes 7,400 sq. ft. at Wayne office building, Newmark Associates says

A martial arts academy is expanding with a newly completed lease at a Wayne office building, brokers with Newmark Associates announced recently.

Retail
Jersey Shore surf shop Jetty expanding with 3,400 sq. ft. deal at Pier Village, Pierson says

Surf apparel brand Jetty is coming to Pier Village in Long Branch, where it’s leasing nearly 3,400 square feet from Kushner under a deal arranged by Pierson Commercial.

Deals
NAI Hanson: Home theatre installer leases 1,800 sq. ft. showroom, office space in Budd Lake

A home theatre installer has taken 1,800 square feet of commercial space in the Budd Lake section of Mount Olive, in a newly announced deal by NAI James E. Hanson.

Industrial
Deluccia: Sheet metal business sells 62,000 sq. ft. Somerset industrial building for $8.5 million

A sheet metal fabricator has sold a nearly 62,000-square-foot light industrial building in Franklin Township for $8.5 million, in a deal arranged by Deluccia Commercial Group.

Residential & Mixed Use
Investor buys 57-unit Summit apartment complex for $21 million, Kislak says

A private investor has sold a 57-unit garden apartment complex in Summit for more than $21 million, in a newly announced deal by The Kislak Co. Inc.