Deals

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

Retail
Connecticut retail center fetches $58 million, in deal inked by Morristown-based JLL team

Investment manager TA Realty has purchased a Connecticut retail center for nearly $58 million, in a deal arranged by JLL’s Morristown-based capital markets group.

Residential & Mixed Use
Invesco completes $161 million purchase, recap of 360-unit Roseland apartment complex

Invesco Real Estate Investment Trust has completed its acquisition of a 360-unit garden apartment complex in Roseland for more than $160 million.

Office
Garibaldi: Northwestern Mutual relocating in Morris Co., takes 21,000 sq. ft. in Florham Park

Northwestern Mutual is on the move in Morris County after leasing more than 21,000 square feet of office space in Florham Park, brokers with The Garibaldi Group announced Tuesday.

Industrial
Velocity, Binswanger tout sale of 20,000 sq. ft. Cherry Hill industrial property

Velocity Venture Partners has sold a 20,000-square-foot industrial flex property in Cherry Hill, in a newly announced transaction by Binswanger.

Industrial
Houston-based firm, capital partner buy 580,000 sq. ft. Bridgewater industrial park

An investment group led by a Houston-based firm has acquired an 18-building industrial park in Bridgewater, adding more than 580,000 square feet to its portfolio in the region.

Residential & Mixed Use
CBRE: OneWall sells 44-unit East Orange apartment building in latest Essex County deal

Workforce housing investor OneWall Communities has sold a 44-unit apartment building in East Orange, marking the latest deal involving its Essex County portfolio.

Health Care & Education
Equus Capital affiliate sells 79,000 sq. ft. R&D building outside Princeton, C&W says

An investment manager has sold a nearly 80,000-square-foot life sciences building just outside Princeton, under a deal arranged by Cushman & Wakefield.

Office
NAI Hanson inks sale of 2,400 sq. ft. Hackensack office building

A law practice has purchased a nearly 2,500-square-foot office building across from the Bergen County Courthouse in Hackensack, according to a brokerage team with NAI James E. Hanson.

Residential & Mixed Use
Developer sells newly built 88-unit Hackensack apartment building for $39 million

The developer of a new 88-unit luxury apartment building in downtown Hackensack has sold the property for nearly $39 million, in a deal arranged by The Kislak Co. Inc.

Office
WCRE: Human services agency renews 6,300 sq. ft. lease in Pennsauken

A community organization has signed a nearly 6,300-square-foot lease renewal at a Pennsauken office building, according to a brokerage team with Wolf Commercial Real Estate.