Deals

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

Office
New tenants lease 34,000 sq. ft. at upgraded Rockaway office building, JLL says

The owner of a nearly 240,000-square-foot office building in Morris County is welcoming three new tenants after a series of renovations at the property, brokers with JLL announced.

Industrial
Becker, Greenwood purchase Montclair warehouse for $2.1 million, Kislak says

A joint venture has purchased a 14,000-square-foot industrial building in Montclair for $2.1 million, in a deal arranged by Kislak Commercial Real Estate Services Inc.

Industrial
Marcus: Passaic County industrial building sells for $3.1 million

A private buyer has acquired a 35,000-square-foot industrial building in the Passaic County borough of Ringwood, brokers with Marcus & Millichap announced Monday.

Retail
Urban Edge retail center in Kearny draws six new tenants, reaching full occupancy

Urban Edge Properties has reached full occupancy at a newly redeveloped shopping center in Kearny, welcoming five new tenants to the nearly 125,000-square-foot property.

Deals
Developer buys 15-acre multifamily site in Burlington Co., Rose Commercial says

A developer has purchased nearly 15 acres of vacant land on Route 130 in Burlington County, in a newly announced deal by Rose Commercial Real Estate.

Industrial
S. Hekemian Group, JLL ink sale of Newark warehouse for more than $800 per square foot

The S. Hekemian Group has sold a newly built, 76,000-square-foot industrial building just north of Interstate 78 in Newark, achieving a record price of more than $820 per square foot.

Office
DeSapio sells Bridgewater office building for $4 million, Deluccia says

An area real estate firm has sold a 20,000-square-foot office building in Bridgewater for $4 million, in a transaction arranged by Deluccia Commercial Group.

Deals
Investment firm sells 64,000 sq. ft. flex building in Gloucester Co., WCRE says

A local owner has sold a 64,000-square-foot flex building in the Gloucester County Township of West Deptford, according to brokers with Wolf Commercial Real Estate.

Industrial
ReadySpaces takes 126,000 sq. ft. in Kearny for co-warehousing firm’s third N.J. location

Co-warehousing firm ReadySpaces has added a third New Jersey location and its second this year, leasing 126,000 square feet at a Kearny industrial building.

Office
HR, payroll provider takes 2,700 sq. ft. for new Marlton HQ, Vantage Commercial says

A human resources and payroll firm has opened a new headquarters in Evesham, under a lease arranged by brokers with Vantage Commercial.