Deals

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

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.

Industrial
WCRE inks sale of 25,000 sq. ft. industrial, cold storage building in Salem County

Wolf Commercial Real Estate has brokered the sale of a 25,000-square-foot industrial and cold storage building in Salem County.

Office
JLL inks sale of 79,000 sq. ft. office, R&D building in Montvale

A private investor has purchased a nearly 80,000-square-foot office and research complex in Montvale, according to brokers with JLL’s New Jersey capital markets team.