Deals

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

Retail
Diversified signs two new retail leases at mixed-use Summit building

Two additional retailers are coming to a mixed-use building in Summit, bringing the property’s ground-floor commercial space to full occupancy.

Office
Wellington Co. inks sale of 75,000 sq. ft. office building in Upper Saddle River

A private investor has acquired a 75,000-square-foot office building at the northern edge of Bergen County, in a newly announced transaction by The Wellington Co. LLC.

Industrial
Woodmont sells 92,000 sq. ft. industrial, flex portfolio for $22 million

Woodmont Properties has sold more than 90,000 square feet of industrial flex space along Route 46, fetching just over $22 million for the two-building portfolio.

Industrial
Logistics firm leases 33,000 sq. ft. in Edison, BRC says

A freight shipping and trucking company is taking nearly 33,000 square feet of industrial space in Edison, brokers with Bussel Realty Corp. announced Monday.

Industrial
NAI Hanson: Hackensack warehouse sold, becomes showroom for luxury cars

The operators of a showroom for luxury cars have purchased a 4,000-square-foot industrial building in Hackensack, in a newly announced deal by NAI James E. Hanson.

Office
‘Green’ refrigerant business leases 7,100 sq. ft. in Woodcliff Lake, Arlington Group says

A provider of sustainable refrigerant products has leased more than 7,000 square feet of office space in Woodcliff Lake, in a newly announced deal by The Arlington Group.

Industrial
NAI DiLeo-Bram: Plainfield industrial building sells for $2.35 million

An epoxy flooring company has acquired a nearly 14,000-square-foot industrial building in Plainfield, under a transaction arranged by NAI DiLeo-Bram & Co.

Residential & Mixed Use
JLL inks sale of 214-unit rental property in Nassau County

Long Island’s largest multifamily owner has sold a 214-unit luxury apartment property in Nassau County, in a deal arranged by JLL’s Morristown-based capital markets team.

Industrial
Industrial user moving from Queens, takes 20,000 sq. ft. in South Hackensack

NAI James E. Hanson has negotiated a full-building, 19,600-square-foot industrial lease in South Hackensack for Everest Construction Group.

Industrial
Sensor company leases 16,000 sq. ft. in Roxbury, Charity Realty says

ASO Safety Solutions, a provider of premium quality sensor systems for automated doors, gates and machines, has signed a long-term lease for 16,200 square feet at 350 North Frontage Road in Roxbury, in a deal negotiated by Charity Realty International.