Deals

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

Residential & Mixed Use
Jersey City building with urgent care, apartments fetches $6.6 million

Marcus & Millichap has negotiated the $6.6 million sale of a 6,150-square-foot mixed-use property at 340 Grove St. in Jersey City.

Industrial
Colliers inks 190,000 sq. ft. at Cherry Hill industrial, flex park in 2021

Colliers is touting 190,000 square feet in leasing activity last year at the Cherry Hill Business Park, a roughly 616,000-square-foot complex in the township.

Health Care & Education
Thomas Park buys Princeton multispecialty medical office building

Colliers has negotiated the sale of a 30,000-square-foot medical office property in Princeton in partnership with Commercial Property Network Inc.

Office
Larken, human services agency ink renewal at Branchburg Commons

Larken Associates has negotiated a 4,109-square-foot lease renewal with Benchmark Human Services at Branchburg Commons at 3322 Route 22 West in Branchburg.

Health Care & Education
NAI Fennelly: Lab user buys Monmouth Junction flex building for $5.6 million

Brokerage firm NAI Fennelly has negotiated the sale of a 58,000-square-foot flex building at 68 Culver Road in the Monmouth Junction section of South Brunswick for $5.575 million.

Industrial
Herbal extracts, ingredients maker renews 55,000 sq. ft. lease in Pine Brook, Newmark says

A maker of herbal extracts and other natural ingredients has renewed its 55,000-square-foot lease at a Morris County industrial building, in a deal arranged by brokers with Newmark.

Residential & Mixed Use
CBRE inks $37 million sale of six-year-old Newark apartment building

The developer of a 152-unit luxury apartment complex in Newark’s University Heights neighborhood has sold the property for $36.5 million, according to brokers with CBRE.

Office
Garibaldi: Law firm takes 6,000 sq. ft. at KRE-owned building in Chatham

A law firm is moving to downtown Chatham after inking a nearly 6,000-square-foot lease with Kushner Real Estate Group, in a newly announced transaction by The Garibaldi Group.

Health Care & Education
Dermatology, orthopedic groups sign leases at Plainsboro medical arts complex

Colliers has secured two leases totaling more than 9,000 square feet at Penn Medicine Princeton Medical Center’s Medical Arts Pavilion in Plainsboro.

Office
Birch Group acquires Long Island office campus from Onyx, DRA for $212 million

The Birch Group has made another major addition to its suburban office holdings in the region, acquiring a prominent two-building campus on Long Island for $212 million.