Deals

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

CBRE inks sale of eight-acre redevelopment site in Morris County

A developer has acquired a vacant former supermarket property in Morris County, where it’s now planning a multiservice medical office center.

Hamilton office complex sells for $85 million, CBRE says

A well-known office complex at the Hamilton train station has changed hands for nearly $85 million, in a newly announced transaction by CBRE.

Investor completes sale-leaseback at 100,000 sq. ft. Fairfield property

An investment firm has acquired a 100,000-square-foot industrial building in Fairfield as part of a sale-leaseback agreement with a manufacturer at the property.

LMC: Nail salon takes 1,700 sq. ft. at North Brunswick retail center

A nail salon has inked a 1,700-square-foot lease at a North Brunswick shopping center, under a recently completed transaction with Levin Management Corp.

Bergman, Rialto sell Florham Park office complex for $31 million

A joint venture has reaped more than $30 million from the sale of a two-building, 230,000-square-foot office complex in Florham Park, brokers with Colliers International said.

Sanzari completes 1031 exchange, purchasing 24-unit rental complex in Essex County

Alfred Sanzari Enterprises has acquired a 24-unit luxury apartment community in Essex County as part of a newly completed 1031 exchange.

CenterPoint adds 74,000 sq. ft. Jersey City building

CenterPoint Properties has expanded its New Jersey holdings with the acquisition of a nearly 75,000-square-foot industrial building in Jersey City.

Hartz, medical instruments maker ink 72,000 sq. ft. lease in Bloomfield

A medical instruments company has leased more than 70,000 square feet of production space in Bloomfield, under a newly completed transaction by Team Resources Inc.

Sheldon Gross touts leasing activity at Hillsborough business parks

The owner of two Hillsborough business parks has inked 10 leases for combined 43,859 square feet, in a series of transactions by Sheldon Gross Realty.

Meadowlands industrial building fetches $15 million, JLL says

A private equity investor has acquired a nearly 103,000-square-foot industrial building in the Meadowlands for $15 million, under a newly announced transaction by JLL.