Deals

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

Retail
JDA expands footprint to Ocean County, acquiring 6,000 sq. ft. bank property

JDA Group LLC has purchased a 6,000-square-foot bank building in Lacey Township, marking the development and investment firm’s entrance to the Ocean County retail market.

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.