Deals

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

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.

Industrial
Parking lot tech startup grows footprint with two-acre lease near Trenton, NAI Fennelly says

A technology-based parking lot operator has leased two acres of industrial land in Mercer County, under a newly announced deal by NAI Fennelly.

Industrial
Sitex acquires fully leased, 210,000 sq. ft. warehouse in North Bergen

Sitex Group has purchased a 210,000-square-foot industrial building in North Bergen, in a newly completed deal with an undisclosed seller.

Industrial
Owner of I-78 campus in Hunterdon eyes new warehouse space after latest acquisition

A commercial real estate firm has expanded its New Jersey portfolio with the purchase of a warehouse and nearly 200 acres in Hunterdon County, according to Cushman & Wakefield.

Industrial
WCRE: Salem County building slated for food distribution use after recent sale

An investor has purchased a 25,000-square-foot industrial and cold storage building in Salem County, under a newly announced transaction by Wolf Commercial Real Estate.