Deals

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

Retail
LMC: Under new ownership, seafood market signs 1,500 sq. ft. lease in Westfield

A local seafood market has inked a 1,500-square-foot lease at a freestanding building in Westfield, in a transaction arranged by Levin Management Corp.

Office
Florham Park headquarters, life sciences building sold for $47 million

An investment firm has sold a corporate headquarters and life sciences building in Florham Park for nearly $47 million, under a transaction announced Wednesday by CBRE.

Residential & Mixed Use
Kislak inks sale of Belleville condo, apartment buildings

A private investor has acquired 11 condominiums in Belleville for nearly $2.2 million, in one of two newly announced deals by The Kislak Co. Inc.

Industrial
Tile distributor buys 102,000 sq. ft. warehouse in Monmouth County, Sheldon Gross says

A tile wholesaler has acquired a 102,000-square-foot warehouse and an adjacent parcel in Monmouth County, in a transaction arranged by Sheldon Gross Realty.

Retail
CBRE: Auto dealership chain inks $55 million sale-leaseback in New Jersey, Pennsylvania

An automotive group has completed a $55 million sale-leaseback involving a series of dealerships and other buildings in New Jersey and Pennsylvania, in a deal arranged by CBRE.

Office
Highstone signs new 7,000 sq. ft. lease at Ramsey office building, JLL says

The owner of a Ramsey office building has lured a new tenant to the property, inking a 7,000-square-foot lease with a national debt collection company.

Industrial
BRC inks sale of 80,000 sq. ft. industrial building in Middlesex County

A maker of ice melting products has sold an 80,000-square-foot industrial building in Middlesex County for more than $9 million, according to brokers with Bussel Realty Corp.

Office
Labor group acquires Hightstown building for new headquarters, WCRE says

A labor organization is moving its headquarters after acquiring a 16,000-square-foot office building in Hightstown, in a newly announced deal by Wolf Commercial Real Estate.

Industrial
Duke Realty, furniture chain detail 620,000 sq. ft. industrial lease in Piscataway

Duke Realty Corp. has preleased more than 600,000 square feet of speculative industrial space in Piscataway, securing a commitment from a well-known furniture chain.

Industrial
Stro inks 220,000 sq. ft. cold storage lease in Clifton with online ethnic grocer

The Stro Cos. has completed a 220,000-square-foot industrial lease in Clifton with a fast-growing, online specialty grocer, touting continued demand from food and cold storage users.