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Investor buys 553,000 sq. ft. Parsippany industrial building, reportedly for $116 million

Investor buys 553,000 sq. ft. Parsippany industrial building, reportedly for $116 million

by Joshua Burd | Apr 5, 2023

100 Jefferson Road in Parsippany — Courtesy: Turnbridge Equities By Joshua Burd Brooklyn-based Madison Properties had added to its New Jersey portfolio with the purchase of more than 550,000 square feet of industrial space in Parsippany. The investment firm reportedly...
Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

by Joshua Burd | Apr 5, 2023

44 Middle Ave. in Summit — Courtesy: NAI James E. Hanson By Joshua Burd A telecommunications firm has taken 7,000 square feet of office space just off Route 24 in Summit, according to a broker with NAI James E. Hanson. The tenant, Excell Communications, is the leasing...
Safelite takes 4,800 sq. ft. on Route 37 in Toms River, Blau & Berg says

Safelite takes 4,800 sq. ft. on Route 37 in Toms River, Blau & Berg says

by Joshua Burd | Apr 5, 2023

1406 Route 37 in Toms River — Courtesy: The Blau & Berg Co. By Joshua Burd Windshield repair company Safelite has leased nearly 5,000 square feet of retail space in Toms River, in a newly announced deal by The Blau & Berg Co. Located at 1406 Route 37, the...
McBride: Longtime Hudson County embroidery factory sold, slated for redevelopment

McBride: Longtime Hudson County embroidery factory sold, slated for redevelopment

by Joshua Burd | Apr 4, 2023

By Joshua Burd The longtime home of an embroidery factory in Guttenberg has changed hands and is now slated to be redeveloped as multifamily housing, a broker with McBride Corporate Real Estate said. According to the firm, 69th Street Properties LLC sold the...
Woodbridge auto repair business buys dealership site, BRC says

Woodbridge auto repair business buys dealership site, BRC says

by Joshua Burd | Apr 4, 2023

179-181 Woodbridge Ave. in Sewaren — Courtesy: Bussel Realty Corp. By Joshua Burd An auto repair business in Woodbridge has purchased a nearby dealership site in the township’s Sewaren section, under a deal arranged by Bussel Realty Corp. The buyer, Ocean View Auto...
NAIDB: Six-building, 165,000 sq. ft. industrial site in Fair Lawn trades for $8.8 million

NAIDB: Six-building, 165,000 sq. ft. industrial site in Fair Lawn trades for $8.8 million

by Joshua Burd | Apr 3, 2023

14-00 Third St. in Fair Lawn — Courtesy: NAI DiLeo-Bram & Co. By Joshua Burd A private investor has acquired more than 165,000 square feet of industrial space in the Bergen County borough of Fair Lawn, in a newly announced deal by NAI DiLeo-Bram & Co. The...
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