Deals

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

Office
Zimmel: Branchburg office building sold, eyed for community center

A community organization has acquired an 11,000-square-foot office building in Somerset County, under a newly announced transaction by Zimmel Associates.

Residential & Mixed Use
Woodbridge, Rahway apartment owner sells 87 units for $25.5 million

A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.

Office
C&W: Semiconductor maker takes 11,200 sq. ft. in Plainsboro

A maker of semiconductors has leased 11,200 square feet at a Princeton-area office building, under a transaction arranged by brokers with Cushman & Wakefield.

Residential & Mixed Use
West New York apartments sell for $2.1 million, Marcus says

A private investor has sold a 14-unit apartment property in Hudson County for more than $2 million, according to brokers with Marcus & Millichap.

Industrial
BRC inks 12,000 sq. ft. industrial sale in Springfield

An industrial flex building in Springfield has changed hands for nearly $2 million, Bussel Realty Corp. announced Wednesday.

Industrial
Florida investment firm acquiring 332,000 sq. ft. cold storage complex in Gloucester

A real estate investment firm is set to acquire a 332,000-square-foot cold storage facility that is under construction in Gloucester County.

Office
Sanzari, tobacco maker ink 18,500 sq. ft. renewal in Teaneck

A global tobacco company has signed an 18,500-square-foot renewal at Glenpointe, Alfred Sanzari Enterprises’ flagship business campus in Teaneck.

Office
Neurology practice takes 13,000 sq. ft. in Lawrenceville

A medical practice is relocating to a Lawrenceville office building, where it has leased 13,000 square feet as part of a deal brokered by Commercial Property Network.

Office
Colocation broker inks 3,300 sq. ft. renewal in Parsippany, Lee & Associates N.J. says

A colocation, managed hosting and cloud service provider has renewed its 3,300-square-foot office lease in Parsippany, brokers with Lee & Associates New Jersey announced.

Industrial
Elberon: Cabinet wholesaler leaving Brooklyn, inks 75,000 sq. ft. lease in Elizabeth

A kitchen cabinet wholesaler is moving from Brooklyn to Elizabeth, where it has signed a full-building, 75,000-square-foot lease with Elberon Development Group.