Deals

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

Industrial
Penwood adds 110,000 sq. ft. Meadowlands industrial property, in Chaus-brokered deal

An investment manager has acquired a nearly 110,000-square-foot industrial building in the Meadowlands, in a recent transaction by Chaus Realty.

Industrial
C&W inks trade of 73,000 sq. ft. industrial portfolio, storage lot in Linden

A logistics firm has purchased two industrial buildings and an adjacent outdoor storage lot in Linden for an undisclosed price, according to brokers with Cushman & Wakefield.

Office
Film studio takes 23,000 sq. ft. at Carlstadt office building, NAI Hanson says

A film and television production studio has leased more than 23,000 square feet at a Carlstadt office building, in a newly announced deal by NAI James E. Hanson.

Retail
Hampshire-backed REIT buys 400,000 sq. ft. grocery-anchored center outside Philadelphia

A real estate investment trust with ties to The Hampshire Cos. has expanded its holdings with a grocery-anchored shopping center in Pennsylvania’s Montgomery County.

Health Care & Education
TFE inks three health care leases at revamped retail sites in East Brunswick, Freehold

Development firm TFE Properties has attracted three health care tenants for a combined 63,000 square feet at repurposed retail sites in East Brunswick and Freehold.

Residential & Mixed Use
Kokes sells new Connecticut rental property, eyes continued growth in New Jersey

Kokes Properties has closed on its sale of a newly built, 41-unit apartment building in Connecticut, with plans to double down on its growing portfolio at home in New Jersey.

Industrial
Inspection technology firm takes 22,000 sq. ft. in Mount Laurel, Vantage Commercial says

A pharmaceutical inspection company has leased nearly 22,000 square feet of industrial flex space in Mount Laurel, in a newly announced deal by Vantage Commercial.

Office
Edgewood buys vacant 250,000 sq. ft. Basking Ridge office building, in JLL-brokered deal

Edgewood Properties has acquired a 250,000-square-foot office building in Somerset County that was recently vacated by a global insurance company, in a deal arranged by JLL.

Residential & Mixed Use
Skylight affiliates sell Hoboken multifamily portfolio for $13.2 million, Kislak says

An investment group has sold a three-building, 21-unit multifamily portfolio in Hoboken for $13.2 million, according to a brokerage team with The Kislak Co. Inc.

Retail
Urban Edge: Apparel chain takes 2,300 sq. ft. at Bergen Town Center for first East Coast outlet

Urban Edge Properties has leased a space at its Bergen Town Center property that will serve as the first East Coast outlet location for Splendid, a fashion retailer.