Deals

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

Retail
Developer sells Woodland Park retail property for $2.6 million, Marcus says

A developer has sold a fully leased, 12,000-square-foot retail property in Woodland Park, in a newly announced transaction by Marcus & Millichap.

Office
SJP reacquires key Hoboken office building in joint venture, touting rare large-block availability

SJP Properties has regained full control of a three-building, 1.5 million-square-foot office and retail complex in Hoboken that it built over more than a decade, having reacquired the initial phase as part of a joint venture with David Werner Real Estate Investments.

Office
CBRE: Beverly Hills-based firm closes $261 million deal for Sanofi campus in Bridgewater

A brokerage team has identified a California-based investment firm as the buyer in the recent sale of the nearly 675,000-square-foot Sanofi U.S. headquarters campus in Bridgewater.

Industrial
Sheldon Gross: Saadia Group adds 199,000 sq. ft. printing plant in Freehold

The Saadia Group has purchased a 199,000-square-foot, multipurpose building at 235 Willow Brook Road on nearly 30 acres in Freehold.

Industrial
Meat processing equipment company takes 16,000 sq. ft. in East Brunswick, NAI DiLeo says

NAI DiLeo-Bram & Co. has negotiated a 16,000-square-foot industrial lease at 124 Tices Lane in East Brunswick.

Retail
Sherwin-Williams takes 3,400 sq. ft. at Kearny shopping center, Goldstein Group says

Sherwin-Williams has leased more than 3,400 square feet of retail space in a fast-growing section of Kearny, in a newly announced transaction by The Goldstein Group.

Residential & Mixed Use
Gebroe-Hammer: 114-unit Paterson rental tower trades for $23 million

An affiliate of a Brooklyn-based real estate firm has sold a 114-unit apartment tower in Paterson, in a newly announced transaction by Gebroe-Hammer Associates.

Office
Sale of 48,000 sq. ft. Parsippany office building among latest Newmark Associates deals

Two Morris County commercial buildings have changed hands for a combined $7.5 million, in a set of newly announced transactions by Newmark Associates.

Retail
C&W: Fully leased Fairfield bank property fetches $4.6 million

An investor has purchased a nearly 4,600-square-foot bank property in Fairfield for $4.6 million, under a deal arranged by Cushman & Wakefield.

Retail
Fast-casual seafood concept expands to Newark retail center, LMC says

Snap Back by Hook & Reel, a fast-casual version of seafood concept Hook & Reel Cajun Seafood and Bar, has opened a location at Springfield Avenue Marketplace in Newark.