Deals

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

Industrial
Vericon Construction buys 7,000 sq. ft. in Springfield, BRC says

A construction firm has acquired a 7,000-square-foot industrial building in Springfield for nearly $1.9 million, in a newly announced deal by Bussel Realty Corp.

Industrial
Camber, Invesco buy 384,000 sq. ft. industrial portfolio in Burlington County

Camber Real Estate Partners and Invesco Real Estate have added more than 384,000 square feet of industrial space as part of a five-building portfolio deal in northern Burlington County.

Retail
Universal Lacrosse opens 3,200 sq. ft. shop at Larken’s Raritan Crossing property

A lacrosse shop has opened a new location in Raritan Borough, where it occupies more than 3,200 square feet under a lease with Larken Associates.

Office
WCRE: Private tenant takes 1,200 sq. ft. at Cherry Hill office building

The owner of a boutique office building in Cherry Hill has secured a new tenant for the property, according to a broker with Wolf Commercial Real Estate.

Industrial
Environmental services firm leases new 10,000 sq. ft. facility in Somerset, Sheldon Gross says

An environmental services firm has leased a newly built, 10,000-square-foot commercial property in Franklin Township, according to a brokerage team with Sheldon Gross Realty.

Health Care
Sanzari: Hackensack Meridian Health adds 8,100 sq. ft. at Hackensack medical arts building

Alfred Sanzari Enterprises has leased more than 8,100 square feet in Hackensack to a division of Hackensack Meridian Health, bringing a well-known medical office building to full occupancy.

Office
Vantage Commercial: Investor buys, inks new lease at Gloucester County office building

A private investor has acquired a more than 13,000-square-foot office building in Gloucester County, in a newly announced deal by Vantage Commercial.

Office
JLL: Blackrock signs early renewal, extends for 176,000 sq. ft. at Princeton office space

Blackrock has signed a major lease extension at a Princeton-area office building, where it will maintain a footprint of 176,000 square feet under the new deal with Argent Ventures.

Finance & Capital Markets
Brennan recapitalizes 1 million sq. ft. industrial portfolio in Moorestown

Brennan Investment Group has recapitalized a 20-building, 1 million-square-foot portfolio of shallow-bay industrial space in Moorestown.

Residential & Mixed Use
Kislak closes sale of Perth Amboy’s Remington Rooming House for $2.4 million

The Perth Amboy YMCA has acquired a mixed-use rooming house property in Perth Amboy for $2.4 million, in a newly announced deal by The Kislak Co. Inc.