Deals

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

Industrial
Camden County light industrial portfolio trades for $29 million, CBRE says

An investment firm has sold seven light industrial buildings in Camden County for nearly $30 million, under a newly announced transaction by CBRE.

Office
KABR extends 48,000 sq. ft. lease in Ridgefield Park with Samsung IT division

Samsung has extended another lease at a Ridgefield Park office campus, this time for a 48,000-square-foot space occupied by its software and IT services unit.

Health Care & Education
Gene therapy company takes 62,000 sq. ft. at massive life sciences campus in Hopewell

Another life sciences company is coming to the 1.14 million-square-foot former Bristol-Myers Squibb campus in Hopewell, where it plans to lease 62,000 square feet of laboratory space.

Residential & Mixed Use
Developer plans 50 apartments after buying Morris County site, NAI Hanson says

A developer has acquired more than six acres in Morris County and is moving ahead with plans for a 50-unit apartment building at the site, according to NAI James E. Hanson.

Industrial
NAI Mertz targets essential businesses, yielding a flurry of industrial deals during COVID

An industrial user has leased more than 300,000 square feet in Burlington County, in the largest of six newly announced deals in southern New Jersey by NAI Mertz.

Industrial
JLL: Logistics, fragrance tenants combine for 81,000 sq. ft. in Fairfield

Two industrial tenants have leased a combined 81,400 square feet at separate buildings in Fairfield, in a set of newly announced transactions by JLL.

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.