Deals

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

Industrial
Joint venture sells 50,000 sq. ft. distribution center in Somerset County, JLL says

Elberon Development Group and The Avidan Group have sold a fully leased, 50,400-square-foot industrial property in Branchburg, in a transaction arranged by JLL.

Industrial
NAI Hanson: Marble, stone distributor takes 13,000 sq. ft. in Teaneck

A marble and stone distributor has leased 13,000 square feet of industrial space in Teaneck, following a fire at a previous location that forced it to find a new home in the region.

Office
Medical office owner adds Englewood facility, expanding New York-area holdings

A joint venture has purchased a nearly 38,000-square-foot medical office building in Englewood as part of an expansion in the New York metropolitan area.

Industrial
Sitar brokers 125,000 sq. ft. lease for build-to-suit industrial project in Tinton Falls

A developer has signed a full-building lease for what will be a 125,000-square-foot warehouse in Monmouth County, under a newly announced deal by Sitar Realty Co.

Industrial
Boniakowski inks sale of 28,000 sq. ft. Piscataway industrial building

An industrial building in Piscataway has changed hands for $4.3 million, according to a brokerage team with The Boniakowski Commercial Real Estate Group.

Industrial
Elberon, Avidan sign lease with Carvana at recently acquired Baltimore site

Elberon Development Group and The Avidan Group have secured a tenant at a 4.5-acre property in Baltimore, having recently acquired the site as their first outside New Jersey.

Office
Colliers inks sale of 55,000 sq. ft. medical office building in Oradell

An investor has acquired more than 55,000 square feet of medical office space in Bergen County, under a transaction arranged by Colliers International.

Industrial
Maritime logistics firm takes 8,600 sq. ft. in Sayreville, BRC says

A logistics user has leased nearly 8,600 square feet of industrial space in Sayreville, in a newly announced transaction by Bussel Realty Corp.

Industrial
Essex County industrial parcel sold for $2 million, Lee & Associates New Jersey says

A trucking company has acquired a 1.25-acre industrial parcel in Irvington for just over $2 million, under a newly announced transaction by Lee & Associates New Jersey.

Residential & Mixed Use
Investment firm buys new South Orange apartment building for $9.3 million

A privately held firm has added to its portfolio with the purchase of a recently developed, 22-unit apartment building in downtown South Orange.