Deals

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

Industrial
KABR sells 190,000 sq. ft. Long Island industrial building for $15.3 million, JLL says

KABR Group has sold a nearly 190,000-square-foot industrial building on Long Island for $15.25 million, in a deal arranged by JLL’s Morristown-based capital markets team.

Deals
WCRE: Investor buys 3,200 sq. ft. office, residential building in Maple Shade

An investor has purchased a 3,200-square-foot mixed-use building in Maple Shade Township, according to a brokerage team with Wolf Commercial Real Estate.

Industrial
Realterm buys 632,000 sq. ft. industrial outdoor storage portfolio in North Jersey, other key markets in reported $277 million deal

Global investment manager Realterm has acquired a sprawling, multistate portfolio of industrial outdoor storage properties that includes assets in northern New Jersey.

Industrial
NAI Hanson: Home remodeler buys Oradell retail, warehouse building for $875,000

The owner of a home remodeling business has acquired a 3,125-square-foot mixed-use building in Oradell for $827,500, brokers with NAI James E. Hanson announced Wednesday.

Retail
Marcus inks $3 million trade of 21,000 sq. ft. retail center in Matawan

A longtime owner has sold a nearly 21,000-square-foot retail center in Matawan for some $3 million, in a newly announced deal by Marcus & Millichap.

Retail
LMC: Venus Jewelers debuts 5,700 sq. ft. shop, showroom at longtime home in Somerset

A jeweler has nearly doubled its footprint at a shopping center in Franklin Township, where it now occupies 5,700 square feet after a deal arranged by Levin Management Corp.

Retail
Allendale retail center fully leased after 3,200 sq. ft. deal with fitness studio, Azarian says

A new fitness studio has taken more than 3,200 square feet at the grocery-anchored Allendale Town Center in Bergen County, according to a leasing team with Azarian Realty Co.

Retail
C&W: Onyx sells 17,000 sq. ft. Ridgewood retail property for $5.7 million

Onyx Equities has sold a nearly 17,000-square-foot retail building in downtown Ridgewood for $5.65 million, brokers with Cushman & Wakefield announced Monday.

Office
LPC inks 53,000 sq. ft. in new deals, renewals at new-look Parsippany office building

A renovated office building in Parsippany is nearly full after some 53,000 square feet of new leases and renewals secured by Lincoln Property Co.

Industrial
Cabinet business takes 13,000 sq. ft. in Piscataway industrial deal, BRC says

A cabinet company has leased nearly 13,000 square feet at a Piscataway industrial building, in a newly announced deal by Bussel Realty Corp.