Deals

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

Office
JLL: Princeton University acquires 158,000 sq. ft. West Windsor office building for $33 million

Princeton University has gone from tenant to landlord in West Windsor after acquiring a more than 158,000-square-foot office building off Route 1, in a newly announced deal by JLL.

Office
Onyx leases 25,000 sq. ft. to Einhorn Barbarito in latest deal at ‘The Arbors’ in Parsippany

Onyx Equities has lured another tenant to a revitalized office campus in Parsippany, having leased nearly 25,000 square feet to a locally based law firm.

Industrial
Link Logistics, food manufacturer ink 54,000 sq. ft. industrial lease in Linden, BRC says

Link Logistics has filled more than 54,000 square feet of industrial space in Linden after securing a lease with a food manufacturer, brokers with Bussel Realty Corp. said Monday.

Retail
Marcus: Fully leased 18,000 sq. ft. strip center in North Bergen trades for $6.4 million

A local private investor has purchased a retail center in North Bergen for $6.415 million, brokers with Marcus & Millichap announced Monday.

Residential & Mixed Use
Developer wins zoning board approval for 20-unit ‘gateway’ project in Berkeley Heights

Officials in Berkeley Heights have granted a key approval to a project that would bring 20 apartments and ground-floor commercial space to a major corridor in the township.

Government & Public Policy
Trenton to acquire vacant hotel with $4 million grant, one of 12 approved under EDA program

State officials have approved a $4 million grant to help the City of Trenton acquire a vacant hotel property that’s slated to be redeveloped under a proposed mixed-used project.

Deals
Pompton Plains, Paramus retail properties trade in deals arranged by Goldstein Group

By Joshua Burd The longtime owner of a 30,000-square-foot strip center in Pompton Plains has sold the property, in one of two newly announced deals by The Goldstein Group. The buyer, Prime Equity, paid an undisclosed price for Fireside Plaza…

Industrial
Faux flower seller leases 38,000 sq. ft. in Newark, in one of three new BRC deals

A home décor company has taken more than 38,000 square feet of industrial space in Newark, in one of three newly announced deals by Bussel Realty Corp.

Retail
Florist takes 1,600 sq. ft. at Green Brook retail property, Deluccia says

A flower shop has leased 1,600 square feet at a Route 22 retail center in Green Brook, according to a brokerage team with Deluccia Commercial Group.

Industrial
Galvanize, sustainability-minded investment firm, buys 608,000 sq. ft. warehouse at Exit 8

Galvanize Real Estate has made its second acquisition in New Jersey with plans to significantly reduce carbon emissions at the 608,000-square-foot warehouse in East Windsor.