Deals

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

Residential & Mixed Use
Kamson acquires 23-unit Morristown apartment building, Kislak says

The Kamson Corp. has expanded its apartment portfolio with the acquisition of a 23-unit building in Morristown, in a transaction arranged by The Kislak Co. Inc.

Industrial
Sheldon Gross inks two new leases at Freehold industrial park

Two new tenants are coming to a Freehold industrial building after leasing a combined 12,535 square feet at the property, according to brokers with Sheldon Gross Realty.

Industrial
NAI Hanson: Brooklyn beverage maker buys 46,000 sq. ft. industrial building in Clifton

A Brooklyn-based beverage maker has expanded into North Jersey with its purchase of a nearly 46,000-square-foot industrial building in Clifton, according to NAI James E. Hanson.

Residential & Mixed Use
Mack-Cali sells New Brunswick rental property for $47 million

Mack-Cali Realty Corp. has announced the sale of two luxury multifamily properties, including a 200-unit complex in New Brunswick that changed hands for $47 million.

Office
JLL touts new lease, renewal at Woodcliff Lake office building

Western Union has committed to more than 10,000 square feet at a Woodcliff Lake office building, in one of two newly announced transactions by JLL.

Industrial
Camden County light industrial portfolio trades for $29 million, CBRE says

An investment firm has sold seven light industrial buildings in Camden County for nearly $30 million, under a newly announced transaction by CBRE.

Office
KABR extends 48,000 sq. ft. lease in Ridgefield Park with Samsung IT division

Samsung has extended another lease at a Ridgefield Park office campus, this time for a 48,000-square-foot space occupied by its software and IT services unit.

Health Care & Education
Gene therapy company takes 62,000 sq. ft. at massive life sciences campus in Hopewell

Another life sciences company is coming to the 1.14 million-square-foot former Bristol-Myers Squibb campus in Hopewell, where it plans to lease 62,000 square feet of laboratory space.

Residential & Mixed Use
Developer plans 50 apartments after buying Morris County site, NAI Hanson says

A developer has acquired more than six acres in Morris County and is moving ahead with plans for a 50-unit apartment building at the site, according to NAI James E. Hanson.

Industrial
NAI Mertz targets essential businesses, yielding a flurry of industrial deals during COVID

An industrial user has leased more than 300,000 square feet in Burlington County, in the largest of six newly announced deals in southern New Jersey by NAI Mertz.