Deals

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

Industrial
Outdoor tools business takes 135,000 sq. ft. in South Hackensack, Chaus says

A company that sells lawn, garden and other outdoor tools is once again expanding in Bergen County, leasing more than 135,000 square feet at a South Hackensack industrial building.

Industrial
Edison industrial building trades for $3.4 million, Zimmel says

The longtime owner of a 22,500-square-foot industrial building in Edison has sold the property after 25 years, under a transaction arranged by Zimmel Associates.

Office
Mack-Cali sells 155,000 sq. ft. office building in Parsippany

Mack-Cali Realty Corp. has sold another Parsippany office building, this time for nearly $13 million, as it continues its exit from New Jersey’s suburban markets.

Industrial
C&W inks sale of 100,000 sq. ft. Meadowlands industrial building

Sitex Group has sold a roughly 100,000-square-foot industrial building in Carlstadt less than two years after acquiring it, in a newly announced transaction by Cushman & Wakefield.

Office
Rochelle Park office building trades for $7.2 million, Wellington says

The longtime owner of a 65,000-square-foot office building in Rochelle Park has sold the property for more than $7 million, in a deal arranged by The Wellington Co. LLC.

Health Care & Education
Cherry Hill medical office building adds fourth tenant in 12 months

A new tenant is coming to a medical office building on Route 70 in Cherry Hill, following a transaction arranged by brokers with Vantage Commercial.

Office
Two new leases bring Morristown office building to full occupancy, Transwestern says

A boutique office building in Morristown has reached full occupancy after the completion of two long-term leases by Transwestern Real Estate Services.

Industrial
Logistics firm takes 59,000 sq. ft. in Salem County

A logistics and moving company has leased nearly 60,000 square feet at a Salem County industrial building, in a deal arranged by Lee & Associates of Eastern Pennsylvania.

Office
Printing equipment maker inks 34,000 sq. ft. lease, moves headquarters to Parsippany

A global printing equipment company has moved its North American headquarters to Parsippany, where it’s leasing nearly 35,000 square feet as part of a newly announced transaction by Avison Young.

Retail
Goldstein Group brokers sale of bank, restaurant buildings in North Jersey

A former Chase bank branch in Lake Hopatcong has changed hands for an undisclosed price, in one of two newly announced transactions by The Goldstein Group.