Deals

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

Deals
Family estate sells 47,000 sq. ft. portfolio near Union train station, BRC says

A family estate has sold a 47,000-square-foot commercial portfolio in Union Township, in a newly announced transaction by Bussel Realty Corp.

Residential & Mixed Use
East Orange apartment portfolio fetches $113 million, Gebroe-Hammer says

An apartment owner has sold a 10-building, 641-unit portfolio in East Orange for $113 million, in a newly announced transaction by Gebroe-Hammer Associates.

Retail
Dealership, automotive center takes 17,000 sq. ft. in Edison, Goldstein Group says

A high-end dealership and automotive center has leased more than 17,000 square feet of retail space in Edison, in one of two newly announced deals by The Goldstein Group.

Industrial
Rockefeller, C&W announce sale of new 400,000 sq. ft. logistics center in Middlesex

Rockefeller Group has sold a newly built, 400,000-square-foot industrial property just north of Piscataway, in a transaction arranged by Cushman & Wakefield.

Industrial
BRC: Shipping firm inks 87,000 sq. ft. expansion in Raritan Center

A trucking and shipping company is expanding its footprint after leasing nearly 90,000 square feet of industrial space in Edison, in a newly completed deal by Bussel Realty Corp.

Deals
Tech investor sells 10-acre lot near Princeton for $3.2 million, NAI Fennelly says

A developer has purchased 10 acres along Route 1 in West Windsor, where it now plans to build retail space and an extended stay hotel.

Industrial
EverWest buys Somerset industrial building for $28 million, adding to growing portfolio

An investment manager has acquired a nearly 126,000-square-foot industrial building in Somerset County, marking its third such purchase in the region in two months.

Industrial
Stone company leases 24,000 sq. ft. at Meadowlands warehouse, NAI Hanson says

A family-owned stone company is taking more than 24,000 square feet of industrial space in East Rutherford, according to a brokerage team with NAI James E. Hanson.

Office
Larken breaks ground on 19,000 sq. ft. office building in Branchburg

Larken Associates has broken ground on a new boutique office building in Branchburg, in what will mark the expansion of an existing property that the real estate firm purchased in 2017.

Health Care & Education
Colliers: Private equity firm adds 30,000 sq. ft. medical office building in Edison

A private equity firm has purchased a 30,000-square-foot medical office building in Edison, under a newly completed transaction by Colliers International.