Deals

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

Office
CBRE: Investors sell revamped 80,000 sq. ft. office building in Parsippany for $10.2 million

An investment group has sold a nearly 80,000-square-foot office building in Parsippany for $10.2 million, in a newly announced deal by CBRE.

Industrial
SL Industrial Partners adds 294,000 sq. ft. industrial facility in North Carolina

SL Industrial Partners has acquired a nearly 294,000-square-foot distribution facility in Greensboro, North Carolina, adding to its holdings outside its home state of New Jersey.

Industrial
Brookfield lands 104,000 sq. ft. tenant for new Elizabeth industrial campus, Blau & Berg says

Brookfield Properties has found its first tenant for a new industrial campus in Elizabeth, securing a full-building lease for nearly 104,000 square feet in the highly valued port submarket.

Office
C&W: New amenity space helps draw two tenants to waterfront office tower in Jersey City

The owner of a 600,000-square-foot office tower in Jersey City has attracted two new tenants after the debut of a revamped amenity space, according to brokers with Cushman & Wakefield.

Industrial
BRC: Diesel engine provider buys 55,000 sq. ft. Somerset facility for $14 million

A company that sells diesel engines and power generation products has acquired a 55,000-square-foot industrial property in the Somerset section of Franklin.

Residential & Mixed Use
New 16-unit rental building in Paterson trades for $4.3 million, Kislak says

An investor has acquired a new 16-unit luxury apartment building in Paterson for $4.25 million, in a deal arranged by The Kislak Co. Inc.

Residential & Mixed Use
Hudson Atlantic brokers sale of 18-unit rental complex in Englishtown for $4.2 million

A private buyer has closed on an 18-unit apartment complex in Monmouth County for $4.2 million, according to brokers with Hudson Atlantic.

Office
JLL: Signature acquires 100,000 sq. ft. office building, adding third piece of Parsippany campus

Signature Acquisitions has acquired its third building in a well-known office campus in Parsippany, adding more than 100,000 square feet under a sale arranged by JLL.

Industrial
Fairfield industrial building now full after 64,000 sq. ft. in leasing activity, C&W says

The owner of a Fairfield industrial building has secured five new leases and one renewal totaling more than 64,000 square feet, in a series of deals arranged by Cushman & Wakefield.

Industrial
Electrical contractor buys 6,300 sq. ft. industrial condo in Branchburg

An electrical contractor has acquired a nearly 6,300-square-foot industrial condominium in Branchburg, in a newly announced deal by The Blau & Berg Co.