A joint venture has acquired a fully leased, 570,000-square-foot industrial building in Edison for what was reported to be more than $80 million.
Deals
Keep up with all of the major leases, investment sales and financing activity in New Jersey.
Joint venture acquires Springfield Avenue shopping center in Newark
An affiliate of Goldman Sachs and Madison Marquette have acquired one of Newark’s newest retail properties — a fully occupied, grocery-anchored shopping center on Springfield Avenue.
Homestake, HBC complete sale of development parcel in Jersey City
Homestake Capital LLC, a boutique real estate investment firm, has made its entrance to Jersey City with a recent joint venture with Hoboken Brownstone Co.
Distribution firm takes 29,000 sq. ft. in Moorestown, NAI Mertz says
A global distribution company has leased 29,000 square feet at a Moorestown industrial building, bringing the property to 100 percent occupancy.
WCRE: Law firm takes 2,500 sq. ft. in Cherry Hill
A national law firm has leased more than 2,500 square feet at a Cherry Hill office building, brokers with Wolf Commercial Real Estate announced Friday.
JLL touts 65,000 sq. ft. in leasing at 3 Gateway in Newark
Four tenants have leased a combined 65,000 square feet at a well-known building in downtown Newark, where ownership is reaping the benefits of a multimillion-dollar renovation.
CBRE inks sale of 12-unit apartment building in East Orange
An investor has acquired a fully occupied, 12-unit apartment building in East Orange for nearly $1 million, brokers with CBRE announced this week.
NAI Hanson: Deli building, two-family home sell in Passaic Co.
An investor has acquired a 2,200-square-foot commercial building and an adjacent two-family home in Bloomingdale, in a transaction arranged by NAI James E. Hanson.
Harrison warehouse user renews for 21,000 sq. ft., Team Resources says
A storage, logistics and fabrication shop serving the entertainment industry has renewed its 21,000-square-foot lease in Harrison, in a deal arranged by Team Resources Inc.
LMC: Massage, spa chain takes 3,000 sq. ft. in Bridgewater
A national massage chain is among the newest tenants at a Bridgewater shopping center, leasing nearly 3,000 square feet at the 219,000-square-foot property.
