Deals

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

Industrial
BRC: Food distributor expands again in Somerset, leasing 52,000 sq. ft.

A food distributor has leased more than 52,000 square feet of industrial space in Franklin’s Somerset section, in the latest expansion of its footprint in recent years.

Health Care & Education
Cardio practice takes 6,500 sq. ft. in renewal, expansion at Larken property in Flemington

Larken Associates has negotiated a lease renewal and expansion to 6,456 square feet with a cardiology provider in Flemington.

Retail
Jersey Mike’s takes 1,800 sq. ft. at Burlington County shopping center, LMC says

Fast-casual franchise Jersey Mike’s Subs has inked an 1,800-square-foot lease at Hartford Corners in Delran Township, brokers with Levin Management Corp. announced.

Industrial
Newark’s Ballantine Industrial Center fully leased after 21,000 sq. ft. deal, NAI Hanson says

A business that serves the fashion industry has expanded its footprint at the former Ballantine Brewery complex in Newark, bringing the sprawling property to full occupancy.

Industrial
Prologis, Dotcom Distribution ink 400,000 sq. ft. extension in Edison, Avison Young says

Prologis Inc. and Dotcom Distribution, an e-commerce fulfillment provider, have signed a lease extension for more than 400,000 square feet of industrial space in Edison.

Office
Two-story, 49,000 sq. ft. Manalapan office building trades for $4.3 million

The longtime owner of a 49,000-square-foot office building in Monmouth County has sold the property for $4.3 million, in a deal arranged by NAI DiLeo-Bram & Co.

Retail
National food lab takes 9,000 sq. ft. in Bound Brook, BCREG says

A national food testing company is expanding in the region with a nearly 9,000-square-foot lease in Bound Brook, according to The Boniakowski Commercial Real Estate Group.

Residential & Mixed Use
Kislak inks sale of 59 apartments in Harrisburg for $5.25 million

The Kislak Co. Inc. has brokered two new multifamily trades in Central Pennsylvania, arranging the sale of 59 units for a combined $5.25 million, the Woodbridge-based firm announced.

Industrial
Two-building, 125,000 sq. ft. flex complex in Florham Park trades for $22.5 million

The longtime owner of a nearly 125,000-square-foot flex industrial complex in Florham Park has sold the property for $22.5 million, in a deal arranged by McBride Corporate Real Estate.

Industrial
Division of HVAC giant Watsco takes 24,000 sq. ft. at Lakewood warehouse

A subsidiary of HVAC distributor Watsco Inc. has leased 24,000 square feet of warehouse space in Lakewood, according to a legal team with Bertone Piccini LLP.