Deals

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

Office
Birch Group acquires three-building office portfolio near Morristown for $77 million

An investment firm has made another high-profile addition to its Morris County portfolio, acquiring three office buildings near downtown Morristown for $77 million.

Industrial
Snack maker takes 309,000 sq. ft. at Bridge industrial project in Somerset

A well-known candy and fruit snack manufacturer has leased more than 300,000 square feet of industrial space in Somerset County, in a newly announced deal by Sheldon Gross Realty.

Industrial
Black Creek, distributor ink 100,000 sq. ft. lease in Burlington, NAI Mertz says

A wholesale distributor is taking more than 100,000 square feet at a soon-to-be-completed industrial building in Burlington, according to a leasing team with NAI Mertz.

Industrial
IT products, services company takes 107,000 sq. ft. in Fairfield, CBRE says

A global IT products and services company has leased more than 100,000 square feet of industrial space in Fairfield, according to a brokerage team with CBRE.

Industrial
Diversified, Hampshire acquire Bergenfield industrial building and apartments

An investment team has acquired a 40,000-square-foot industrial building in Bergenfield, along with an adjacent apartment building that provides a potential redevelopment opportunity.

Health Care & Education
Avison Young: Sewell medical office condo trades for $3.75 million

A local investor has sold a medical office condominium in Gloucester County for nearly $4 million, in a newly announced transaction by Avison Young.

Retail
Medical spa takes 1,400 sq. ft. in Tinton Falls, Midtown Commercial says

A medical spa has leased nearly 1,500 square feet of retail space in Tinton Falls, in a transaction arranged by Midtown Commercial Realty.

Industrial
BRC inks 49,000 sq. ft. sublease in Piscataway

A food company has found a subtenant for nearly 50,000 square feet of industrial space in Piscataway, under a newly announced transaction by Bussel Realty Corp.

Industrial
Sponge maker moving from Pennsylvania, acquires 116,000 sq. ft. building in Pennsauken

A sponge maker of ‘Shark Tank’ fame is moving its business from Pennsylvania after buying a newly upgraded industrial building in South Jersey, in a deal arranged by NAI Mertz.

Health Care & Education
Developers add retina specialists to sprawling mixed-use project in Gloucester County

A joint venture has secured a new retail tenant at a large mixed-use development in Gloucester County, inking a 5,400-square-foot lease with a regional retina specialist.