Deals

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

Industrial
Importer buys 16,200 sq. ft. warehouse in Elizabeth, Team Resources says

An importing company has acquired a 16,200-square-foot industrial building in Elizabeth, under a newly announced transaction by Team Resources Inc.

Industrial
Marcus brokers sale of 45,000 sq. ft. flex industrial complex in Toms River

A private buyer has purchased a two-building, 45,000-square-foot flex industrial property in Toms River, brokers with Marcus & Millichap announced Wednesday.

Office
JLL: Data backup, restoration firm extends, expands to 60,000 sq. ft. in Englewood Cliffs

A data backup and restoration provider is doubling its footprint in Englewood Cliffs, where it’s set to occupy 60,000 square feet within a four-building office complex.

Retail
Net-leased retail property in Burlington fetches $1.3 million, Marcus says

A private investor has acquired a net-leased dollar store property in Burlington County for $1.3 million, under a newly announced transaction by Marcus & Millichap.

Industrial
Endurance, PCCP announce 58,000 sq. ft. industrial lease in Delran

A joint venture has inked a nearly 58,000-square-foot industrial lease in Burlington County, securing a full-building commitment from an area pet store operator.

Retail
Goldstein Group inks 19,000 sq. ft. strip center sale in Pompton Plains

An area landlord has sold a nearly 19,000-square-foot strip center in Pompton Plains, under a newly announced transaction by The Goldstein Group.

Retail
Marcus completes sale of net-leased retail property in Orlando

An investor has paid more than $4 million to purchase a net-leased Walgreens property in Orlando, in a transaction arranged by Marcus & Millichap’s New Jersey office.

Office
SJP, financial services firm ink 12,800 sq. ft. office lease in Metropark

SJP Properties has completed a new 12,800-square-foot lease at a Woodbridge office building, providing a home for the New Jersey operations of a global banking firm.

Industrial
Urban Edge signs 130,000 sq. ft. industrial lease at converted retail building in Lodi

A developer that is converting a Lodi retail building into industrial space has landed a tenant for the project, inking a 130,000-square-foot lease with a grocery wholesaler.

Office
Colliers: Piscataway office building fetches $3.9 million

An investment firm has reaped nearly $4 million from the sale of a Piscataway office building, following a transaction arranged by brokers with Colliers International.