Deals

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

Office
Warren flex building trades for $3.9 million, Lee & Associates New Jersey says

A nearly 40,000-square-foot flex commercial building in Warren has changed hands for $3.9 million, following a transaction arranged by Lee & Associates New Jersey.

Office
Saxum, Becker sell repositioned boutique office building in Montclair

Saxum Real Estate has announced the sale of a boutique office building in Montclair, following a multiyear effort to renovate and lease up the property with a joint venture partner.

Office
Investment firm acquires 110,000 sq. ft. Princeton-area office building

An investment firm has continued its northward expansion in the state with its purchase of a two-building, 110,000-square-foot office complex in the Princeton submarket.

Industrial
Meal kit delivery business takes 234,000 sq. ft. at Gloucester County industrial building

A meal kit delivery service has leased more than 230,000 square feet of new industrial space in Gloucester County, as it expands its footprint and looks to meet growing customer demand.

Industrial
Investment group closes sale of Meadowlands light industrial building, JLL says

An investment group has sold a 60,400-square-foot light industrial building in Carlstadt, under a newly announced transaction by JLL.

Office
Consulting firm inks lease to move to historic Trenton complex

A consulting firm is moving its headquarters to a historic industrial campus in Trenton, marking a milestone for the city and for the developer that is repurposing the property.

Industrial
C&W inks 340,000 sq. ft. lease in Hillsborough among latest industrial deals

A logistics user has leased nearly 340,000 square feet at a new industrial building in Somerset County, in one of several newly announced deals by Cushman & Wakefield.

Retail
Larken signs first four retail tenants at mixed-use Hillsborough project

Larken Associates has secured its first retail tenants at a development that will bring 191 luxury apartments to Hillsborough later this year.

Office
Sanzari signs three renewals for 25,000 sq. ft. at Teaneck campus

A real estate firm has renewed and expanded to 10,600 square feet of office space in Teaneck, in the largest of three newly announced transactions by Alfred Sanzari Enterprises.

Industrial
JLL: Lincoln Equities, PCCP acquire Rockland County industrial portfolio for $54 million

An industrial portfolio some 10 miles north of Bergen County has sold for more than $50 million, in a deal arranged by JLL’s Morristown-based capital markets team.