Deals

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

Industrial
STRO, KRE acquire 4.8-acre low-coverage industrial property in Tampa

The STRO Cos. and KRE Group have completed their latest acquisition in Florida, buying a 4.8-acre site in Tampa that’s home to a 44,000-square-foot industrial building.

Office
Saiber to lease 34,000 sq. ft. at Bergman’s 7 Giralda Farms, eyeing move this spring

Saiber LLC is detailing its upcoming move to the historic Giralda Farms section of Madison, where it will occupy some 34,000 square feet under a lease with Bergman Real Estate Group.

Retail
Deluccia: Total Wireless operator takes 1,400 sq. ft. at mixed-use building in Somerset

A new Total Wireless store has come to Franklin after leasing space at a new mixed-use building in the township’s Somerset section, according to a broker with Deluccia Commercial Group.

Industrial
Accordia grows Charlotte portfolio with 46,000 sq. ft. shallow-bay industrial deal

Accordia has made another acquisition outside New Jersey, adding more than 46,000 square feet of shallow-bay industrial space in suburban Charlotte, North Carolina.

Retail
TFE Properties adds 104,000 sq. ft. Brick Township retail center in JLL-brokered deal

An affiliate of TFE Properties has acquired a nearly 104,000-square-foot retail center in Brick Township, with plans to update the property to capitalize on its location off Route 70.

Office
Tenant of 39 years signs latest lease renewal at Sanzari’s Court Plaza in Hackensack

An attorney in Hackensack has signed her latest lease renewal with Alfred Sanzari Enterprises — her landlord of nearly 40 years — opting to stay in place at the firm’s Court Plaza complex.

Residential & Mixed Use
New Jersey investor buys Maryland rental property for $16 million, Kislak says

A private investor from New Jersey has acquired a newly built 60-unit apartment complex in Maryland for $15.8 million, brokers with The Kislak Co. Inc. announced Monday.

Health Care
Medical practice expanding after acquiring Roseland building, Newmark Associates says

A health care practice has acquired a nearly 2,200-square-foot medical office building in Roseland, brokers with Newmark Associates Commercial Real Estate announced.

Industrial
IPRG: Longpoint buys 33,000 sq. ft. Hillside warehouse from longtime owner-occupier

Longpoint Realty Partners has acquired more than 32,000 square feet of warehouse space just south of Interstate 78 in Hillside, in a transaction arranged by IPRG.

Industrial
Velocity revives Gloucester County small-bay park with key upgrades, 85,000 sq. ft. in leasing

Velocity Venture Partners LLC has brought a Gloucester County industrial park to full occupancy after a multimillion-dollar renovation and some 85,000 square feet of leasing activity.