Deals

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

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.

Retail
Grocery-anchored retail center in Boonton sells for $12.5 million

A private buyer has acquired a nearly 52,000-square-foot retail center in Boonton, in a $12.5 million transaction by Cushman & Wakefield.

Retail
Middlesex County retail center fetches $2.2 million, Marcus says

A private investor has reaped more than $2 million from the sale of a 10,100-square-foot retail center in Cranbury, brokers with Marcus & Millichap announced Monday.

Retail
Aldi leases 21,000 sq. ft. in South Brunswick, Goldstein Group says

Aldi is adding to its growing stable of supermarkets in New Jersey, leasing more than 21,000 square feet at a South Brunswick shopping center.

Office
WCRE inks sale of 3,400 sq. ft. office building in Mount Laurel

A law firm has acquired a 3,400-square-foot office building in Mount Laurel, under a newly announced transaction by Wolf Commercial Real Estate.

Office
NAI Hanson inks four leases in Chester, bringing building to full occupancy

Four tenants have combined to lease more than 3,800 square feet at a Morris County office building, under a series of transactions arranged by NAI James E. Hanson.