Deals

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

Industrial
Monmouth REIT buys FedEx Ground center for $35M

A real estate investment trust based in Freehold has turned to the Buffalo, New York area to acquire a FedEx distribution center, paying $35.1 million for the industrial asset.

Finance & Capital Markets
Kislak brokers $4.25M apartment sale outside N.J.

Brokers with The Kislak Co. Inc. in Woodbridge have arranged the $4.25 million sale of two multifamily properties in New York’s Hudson Valley region, the firm announced Tuesday.

Finance & Capital Markets
Wilcox brokers financing for South Jersey flex property

G.S. Wilcox & Co. has arranged a $7 million loan for a six-building, 240,000-square-foot industrial flex park in Gloucester County, the commercial mortgage banking firm said.

Office
Colliers: Pine Brook office building trades for $2.5 million

A private investor has paid $2.5 million for an office building just outside Parsippany, in a value-add deal brokered by Colliers International.

Industrial
Logistics firm leases 42K sq. ft. in South Brunswick

A logistics firm has a new home at a South Brunswick industrial building after a lease arranged by Bussel Realty Corp., the real estate services firm said Monday.

Retail
Sports training center finds space in Cherry Hill

A new sports training facility has leased 20,240 square feet at a Cherry Hill retail property, Wolf Commercial Real Estate announced.

Office
New dental practice takes over Hackensack building

NAI James E. Hanson has brokered a 1,025-square-feet office lease between a Hackensack landlord and a dental practice, the firm said Thursday.

Finance & Capital Markets
N.J. team brokers $390M sale of retail assets in New York, Alabama

Brokers in HFF’s Florham Park office have closed a $390 million sale of a 4.5 million-square-foot retail portfolio spread across New York and Alabama, the firm announced.

Retail
Goldstein Group brokers sale of Wayne retail buildings

An investment firm has acquired two properties occupied by furniture retailers along Route 46 in Wayne, the Goldstein Group said Tuesday.

Industrial
Calif. firm expands eastward to Secaucus, NAI Hanson says

A Secaucus warehouse will be the new home of a firm that provides rental furniture and other products to the event industry, as part of its expansion from the West Coast.