Deals

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

Industrial
Sitex adds industrial properties in Middlesex, Union counties

Sitex Group has expanded its New Jersey industrial portfolio with two acquisitions about 13 miles apart, including a vacant site and a 23,000-square-foot warehouse.

Government & Public Policy
FMERA: Developer buys Fort Monmouth bowling alley, plans modern entertainment venue

A local developer has acquired a former bowling center at Fort Monmouth and is now preparing to renovate and reopen the facility as a new entertainment venue, state officials said.

Deals
Montessori school takes 12,000 sq. ft. in Warren, Pierson Commercial says

A school operator has leased nearly 12,000 square feet at the former site of a daycare in Warren, under a newly announced transaction by Pierson Commercial.

Residential & Mixed Use
Investor acquires 200-unit loft portfolio in Trenton for $29 million

An investment and development firm has acquired a three-building, 200-unit collection of loft-style apartments in Trenton for nearly $30 million.

Office
CPN inks sale of 6,400 sq. ft. office, retail building in Pennington

An office and retail building in Mercer County has changed hands for $650,000, in a newly announced transaction by Commercial Property Network Inc.

Retail
Vegan restaurant opens 2,200 sq. ft. Princeton location

A vegan restaurant has opened its doors in downtown Princeton, following a transaction arranged by Mercer Oak Realty.

Residential & Mixed Use
JLL brokers $73 million sale of Connecticut rental property

A joint venture has sold a waterfront apartment building in Stamford, Connecticut, for $73 million, in a new transaction by JLL’s Morristown-based capital markets team.

Office
Diversified inks leases in Montville with financial services, mortgage firms

Diversified Properties has signed two leases at a Morris County office building, securing commitments from a financial services firm and a retail mortgage lender.

Office
Colliers: Bergman sells 118,000 sq. ft. office building in Bergen County

Bergman Real Estate Group has sold a nearly 120,000-square-foot office building just south of Route 3 in Lyndhurst, according to a brokerage team with Colliers International.

Industrial
E-commerce firm leases 13,000 sq. ft. warehouse in Monmouth, Sheldon Gross says

An e-commerce company has acquired a nearly 13,000-square-foot warehouse in Tinton Falls, under a newly announced transaction by Sheldon Gross Realty.