Deals

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

Office
JLL to launch co-working, flex concept in Secaucus, its first ground-up U.S. location

Real estate services firm JLL has picked a Secaucus office building as its first new, ground-up location in the U.S. for a flexible space and co-working concept.

Top News
Dessert maker takes 20,000 sq. ft. at new Denholtz food, beverage facility on Fort Monmouth

Denholtz Properties has lured another user to its new food and beverage hub on Fort Monmouth, where a fast-growing dessert business will now build out a new production facility.

Office
Investor buys 7,000 sq. ft. Chester office building, in NAI Hanson-brokered deal

NAI James E. Hanson has negotiated the sale of a 7,000-square-foot office building in the Morris County borough of Chester, the firm announced.

Industrial
Two-building, 80,000 sq. ft. industrial portfolio in Mountainside trades for $16 million

An investor has sold a two-building, 80,000-square-foot industrial portfolio in Mountainside for $16.2 million, in a newly announced deal by Avison Young.

Deals
NAI Hanson inks sale of Hackensack land site slated for 15,000 sq. ft. daycare center

Plans for a new daycare center in Hackensack are moving forward after the sale of a nearly half-acre development site for the facility, according to a broker with NAI James E. Hanson.

Retail
Men’s barbershop leases 1,300 sq. ft. to join Larken retail center in Raritan Borough

Larken Associates has inked a new 1,300-square-foot lease that has brought a men’s barbershop to a retail center in the Somerset County borough of Raritan.

Industrial
IDI acquires Somerset redevelopment sites, eyeing new industrial project

IDI Logistics has acquired two properties in the Somerset section of Franklin that it now plans to redevelop as a new high-end warehouse and distribution facility.

Office
Sanzari, Archer sign 22,000 sq. ft. renewal at Hackensack’s Court Plaza

Alfred Sanzari Enterprises has announced a lease renewal with Archer & Greiner PC, a longtime tenant at its Court Plaza office complex in downtown Hackensack.

Retail
Net-leased grocery store asset in Monmouth fetches $3 million, Marcus & Millichap says

A private investor has purchased the site of a nearly 8,000-square-foot specialty grocery store in Monmouth County, in a newly announced deal by Marcus & Millichap.

Residential & Mixed Use
New York-based buyer adds 43-unit Jersey City rental portfolio for $6.9 million

A private investor has purchased a three-building, 43-unit apartment portfolio in Jersey City for $6.9 million, according to a brokerage team with Capital Realty Associates.