Deals

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

Office
Silverman Group sells 133,000 sq. ft. Florham Park office campus for $25 million, CBRE says

The Silverman Group has sold a two-building office complex in Florham Park, fetching $24.5 million for the nearly 133,000-square-foot property.

Residential & Mixed Use
Six-building, 132-unit Monmouth apartment complex fetches $29 million, Kislak says

An investor has purchased a 132-unit apartment complex in Keyport for $29 million, under a deal arranged by The Kislak Co. Inc.

Health Care & Education
Freehold medical office building trades for $8.2 million

A real estate investment trust has purchased a medical office building in Freehold for $8.2 million, according to a brokerage team with Physician Real Estate Capital Advisors.

Retail
NAI Hanson: SportsCare takes 2,400 sq. ft. at Bergenfield strip center

A physical therapy chain has leased nearly 2,500 square feet of retail space in downtown Bergenfield, in a newly announced transaction by NAI James E. Hanson.

Industrial
CenterPoint buys 117,000 sq. ft. warehouse in Wayne, NAI Hanson says

CenterPoint Properties has acquired another New Jersey industrial building, adding more than 117,000 square feet in Wayne near the intersection of Route 23 and Interstate 80.

Industrial
C&W: Two-building Bergen County industrial portfolio sells for $11 million

A local owner and developer has sold a nearly 39,000-square-foot industrial portfolio in Midland Park for $11 million, brokers with Cushman & Wakefield announced Friday.

Residential & Mixed Use
Somerset County apartment, retail building trades for $4.1 million, Deluccia says

An apartment and retail building in Somerset County has changed hands for more than $4.1 million, in a newly announced deal by Deluccia Commercial Group.

Retail
ShopRite expansion among three recent deals at Delran retail center, LMC says

ShopRite has expanded its footprint at a Burlington County shopping center, in one of three recent transactions at the property by Levin Management Corp.

Industrial
CenterPoint adds 58,000 sq. ft. warehouse on low-coverage site in Fairfield

CenterPoint Properties has completed its first deal in the Fairfield industrial submarket, acquiring a parcel with nearly 60,000 square feet of warehouse space on just over four acres.

Office
Gilead leases 96,000 sq. ft., eyes new corporate hub at Parsippany’s ‘Latitude’ campus

Biopharmaceutical giant Gilead Sciences has leased nearly 100,000 square feet at a Parsippany office campus, with plans to open a highly anticipated East Coast hub by early next year.