Deals

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

Industrial
Stro acquires 78,000 sq. ft. Fairfield warehouse, Sheldon Gross says

The Stro Cos. has acquired an industrial building in Fairfield for $8.75 million, in a newly announced transaction by Sheldon Gross Realty.

Industrial
Trucking firm leases 29,000 sq. ft. in Elizabeth, NAI Hanson says

A trucking company has taken nearly 29,000 square feet of warehouse and distribution space in the heart of Elizabeth’s port district, according to brokers with NAI James E. Hanson.

Office
AY: Ophthalmology, retina group inks 37,000 sq. ft. headquarters lease in Berkeley Heights

An ophthalmology and retina group has leased nearly 36,000 square feet of office space in Berkeley Heights, under a transaction announced Wednesday by Avison Young.

Industrial
NAI Hanson: Distributor finds new home in Fairfield, takes 10,400 sq. ft.

An appliance wholesaler is relocating within Fairfield after signing a 10,400-square-foot industrial lease in the township, brokers with NAI James E. Hanson announced.

Retail
Smoothie, acai bowl shop coming to Denholtz project in Red Bank

Denholtz Properties has landed its first retail tenant at a new mixed-use project in Red Bank, inking a lease with a locally based juice, smoothie and acai bowl shop.

Industrial
Diversified, Hampshire affiliates buy Montville industrial portfolio, Resource Realty says

A joint venture has closed on a five-building, 100,000-square-foot industrial portfolio in Montville, in a newly announced transaction by Resource Realty of Northern New Jersey.

Office
Larken, consulting firm ink 1,800 sq. ft. lease in Branchburg

A workspace consulting firm is moving to an office complex in Branchburg, where it is taking more than 1,800 square feet under a lease with Larken Associates.

Industrial
BRC: New Jersey firm acquires 188,000 sq. ft. industrial building in Georgia

A Carteret-based investor has expanded its out-of-state portfolio, acquiring a 188,225-square-foot industrial building in Georgia for more than $14 million.

Office
KABR sells Ridgefield Park office building, home to Samsung’s U.S. headquarters

The KABR Group has sold a 233,000-square-foot office building in Ridgefield Park, the longtime home of Samsung’s U.S. headquarters, in a deal brokered by JLL.

Office
Mack-Cali sells Princeton-area office building for $7.5 million

Mack-Cali Realty Corp. has offloaded another suburban office property, completing the sale of a nearly 100,000-square-foot building in the Princeton submarket for $7.5 million.