Deals

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

Industrial
Faropoint acquires 62,000 sq. ft. Meadowlands building for $17.7 million

Investment firm Faropoint has acquired a 62,000-square-foot industrial building in Moonachie, in a newly announced deal valued at nearly $18 million.

Retail
Fitness concepts combine for 3,800 sq. ft. in Shrewsbury, Katz & Associates says

Two new fitness tenants are coming to a Shrewsbury shopping center, under a set of newly completed transactions by Katz & Associates.

Office
Larken Associates negotiates lease for flexible workspace at Amwell Mall in Hillsborough

Larken Associates has negotiated a lease with NJ Real Estate Boutique at the Suite Life at Amwell Mall, a 4,246-square-foot next-generation workspace for corporate professionals, freelancers and contractors in Hillsborough.

Industrial
Sanzari, fragrance company ink 79,000 sq. ft. renewal at Norwood industrial building

Alfred Sanzari Enterprises has signed a nearly 80,000-square-foot renewal with an essential oils and aroma chemical company, its longtime tenant at a Bergen County industrial building.

Office
LPC touts 12,000 sq. ft. in new leases among recent deals at Parsippany office building

The owner of a Parsippany office building has inked three new leases for a total of nearly 12,000 square feet, while also completing a series of renewals and expansions at the property.

Residential & Mixed Use
JLL inks sale of 209-unit Stamford apartment tower

An investment group has sold a 209-unit apartment tower in downtown Stamford, Connecticut, in a deal arranged by JLL’s New Jersey-based capital markets team.

Office
Insurance firms lease 43,000 sq. ft. at LeFrak-owned office building in Jersey City

Two insurance firms have signed new leases along the Jersey City waterfront, combining for nearly 43,000 square feet at a LeFrak-owned office building.

Office
Bergman adds six new office tenants in Princeton, nears completion of $4 million upgrade

Bergman Real Estate Group has completed nearly 28,000 square feet of leasing activity at an office building near Princeton, the site of a $4 million renovation that’s nearly complete.

Office
Sanzari leases 3,700 sq. ft. in Elmwood Park to credit services firm

A credit services firm is joining the roster at an Elmwood Park office building, where it will lease nearly 3,700 square feet under a deal with Alfred Sanzari Enterprises.

Residential & Mixed Use
Manulife sells 415-unit New Brunswick rental property for $173 million, CBRE says

A global asset manager has sold 415 luxury apartments in downtown New Brunswick for nearly $175 million, under a newly announced deal by CBRE.