Deals

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

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.

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.