Deals

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

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.

Industrial
Larken, biomedical firm sign 3,000 sq. ft. expansion at Hillsborough business park

A life sciences firm has signed a 3,000-square-foot expansion at its longtime home at the Hillsborough Business Center, a sprawling campus owned by Larken Associates.

Office
JLL: Hartz sells 136,000 sq. ft. Jersey City office building for $48 million, in deal with AEP

Hartz Mountain Industries has sold a 136,000-square-foot office building in Jersey City to American Equity Partners, in a newly announced transaction by JLL.

Residential & Mixed Use
OneWall sells two-building, 191-unit Newark rental portfolio for $30 million

Workforce housing investor OneWall Communities has sold a 191-unit multifamily portfolio in Newark for $30 million, according to the firm and brokers with CBRE.

Office
Sanzari inks two renewals at flagship Glenpointe campus in Teaneck

Alfred Sanzari Enterprises has signed two lease renewals for a combined 4,046 square feet at its three-building, 670,000-square-foot Glenpointe campus in Teaneck.

Industrial
Sheldon Gross: Stone supplier buys Plainfield storage, fabrication facility for $1.2 million

A marble and granite supplier has purchased an 18,000-square-foot industrial property in Plainfield, in a newly announced deal by Sheldon Gross Realty.