Deals

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

Industrial
CenterPoint adds 30,000 sq. ft. industrial building on four-acre site in Woodbridge

CenterPoint Properties has made another acquisition in New Jersey, adding a nearly 30,000-square-foot industrial building in Woodbridge with an abundance of excess land for parking.

Office
C&W: Colors, flavors company takes 15,000 sq. ft. in Somerset

A manufacturer has leased nearly 15,000 square feet of laboratory and office space in the Somerset section of Franklin, in a transaction arranged by Cushman & Wakefield.

Residential & Mixed Use
AvalonBay sells 384-unit complex in Somerset, JLL says

AvalonBay Communities Inc. has sold a 384-unit luxury multifamily complex in the Somerset section of Franklin, under a newly announced transaction by JLL.

Office
NAI DiLeo-Bram touts sale of 6,200 sq. ft. office building in Union County

A medical practice has purchased a nearly 6,200-square-foot office building in Berkeley Heights, under a newly completed transaction by NAI DiLeo-Bram & Co.

Retail
NIA National: Piano seller expands to New Jersey, leases 3,600 sq. ft. in Paramus

A piano seller has opened its fifth store and its first New Jersey location, inking a 3,600-square-foot lease along Route 17 in Paramus.

Health Care & Education
Prism sells 157,000 sq. ft. lab, R&D building at ON3 campus in Nutley

Prism Capital Partners has sold a 157,000-square-foot life sciences building at its ON3 campus, in a sign of investor appetite for modern lab and research and development space.

Residential & Mixed Use
Kislak: Developer buys Long Branch assemblage, plans oceanfront rental project

A developer is planning to build 109 luxury apartments in Long Branch after acquiring nearly two acres of oceanfront property in the city, according to The Kislak Co. Inc.

Health Care & Education
Atkins, Capital Solutions sell new-look medical office building in Bridgewater

A joint venture has sold a repositioned, 95,000-square-foot medical office building in Bridgewater after securing a lease with one of the state’s largest health care networks.

Industrial
Elberon adds 20,000 sq. ft. warehouse in Newark, Garibaldi says

Elberon Development Group has acquired a 20,000-square-foot industrial building in Newark, in a transaction arranged by The Garibaldi Group.

Residential & Mixed Use
Mercer Oak inks 12,000 sq. ft. lease in Monroe for regional eye practice

An ophthalmology and optometry practice is relocating its Monroe Township office, under a newly announced transaction by Mercer Oak Realty.