Deals

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

Office
Morris County chamber renews lease at Florham Park headquarters, CBRE says

The Morris County Chamber of Commerce has renewed its nearly 4,500-square-foot lease at a Florham Park office building, under a newly announced transaction by CBRE.

Office
Treatment center inks 4,400 sq. ft. office lease in Cherry Hill

A treatment center is taking nearly 4,500 square feet at a Cherry Hill office building, in a newly completed transaction by Wolf Commercial Real Estate.

Industrial
Lee & Associates: Sitex adds 25,000 sq. ft. industrial building in Englewood

Sitex Group has added to its northern New Jersey portfolio with the purchase of a 25,000-square-foot industrial property in Englewood, brokers with Lee & Associates announced.

Office
Sanzari touts renewals, expansion at Hackensack office complex

Alfred Sanzari Enterprises has signed lease renewals with five law firms at its well-known, three-building office complex in Hackensack’s government district.

Office
JLL inks sale of two-building office portfolio in Cherry Hill

An institutional investor has sold a two-building, 167,000-square-foot office portfolio in Cherry Hill, under a newly completed transaction by JLL.

Industrial
Medical marijuana dispensary acquires Vineland industrial building, NAI Mertz says

A medical marijuana company has acquired more than 50,000 square feet of industrial space in Vineland, brokers with NAI Mertz said, marking the operator’s first location in New Jersey.

Industrial
Freight carrier takes 32,000 sq. ft. in Raritan Center, BRC says

A trucking company has leased more than 30,000 square feet of industrial space in Edison, under a newly completed transaction by Bussel Realty Corp.

Retail
Monmouth County retail property sells for $3.9 million, Marcus says

A private buyer has paid nearly $4 million for a 12,000-square-foot retail property in Monmouth County, in a newly completed transaction by Marcus & Millichap.

Industrial
Camden County flex, industrial portfolio sells for $16 million, Colliers says

An investment group has paid more than $16 million to acquire a 21-building, 241,410-square-foot industrial portfolio in Camden County, brokers with Colliers International said Monday.

Retail
Walmart-anchored center in Hamilton fetches $19 million, Marcus says

A developer has reaped more than $19 million from the sale of a Walmart-anchored retail center in Hamilton Township, in a newly announced transaction by Marcus & Millichap.