Deals

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

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.

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.