Deals

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

Retail
JLL: Investment group sells Burlington retail center for $25 million

A joint venture has reaped $25 million from the sale of a nearly 100,000-square-foot, grocery-anchored retail center in Burlington County, brokers with JLL said Wednesday.

Office
Vision, insurance agency ink 6,600 sq. ft. lease at updated Parsippany office building

An insurance firm has leased nearly 7,000 square feet at a Parsippany office building, one of the latest suburban properties to be upgraded and modernized by Vision Real Estate Partners.

Office
Security firm leases 2,200 sq. ft. in Hasbrouck Heights, Sanzari says

A security services company is taking 2,200 square feet of office space in Hasbrouck Heights, under a newly completed transaction with Alfred Sanzari Enterprises.

Office
Tenants lease 28,000 sq. ft. at new-look office building in Bernardsville, Zimmel says

Seven tenants have combined to lease more than 28,000 square feet at a newly renovated office building in Bernardsville, according to brokers with Zimmel Associates.

Retail
Education, automotive tenants take 16,000 sq. ft. at Monmouth retail project

A soon-to-be redeveloped retail property in Middletown has lured two new tenants, under a set of newly announced transactions by The Goldstein Group.

Industrial
Bloom Organization sells net-leased Pennsauken warehouse

An investment firm has acquired a nearly 40,000-square-foot warehouse in Camden County, brokers with Colliers International announced Monday.

Industrial
Logistics firm takes 53,000 sq. ft. at Meadowlands industrial building

An international logistics firm has leased more than 50,000 square feet in East Rutherford, under a newly announced transaction by NAI James E. Hanson.

Retail
Ex-Dressbarn site in Paramus fetches $2.2 million, CBRE says

The site of a former Dressbarn store in Paramus has changed hands for more than $2 million, following a transaction arranged by brokers with CBRE.

Health Care & Education
Private equity firm grows skilled nursing portfolio, acquires 120-bed Wayne facility

Private equity investment firm Tryko Partners has acquired a skilled nursing facility in Wayne, with plans to reposition and expand the services at the 120-bed property.

Office
JLL: Law firms extend, lease 34,000 sq. ft. at One Gateway in Newark

Two law firms have extended their lease at Newark’s Gateway complex, thanks in large part to a recently launched, high-profile transformation of the landmark office buildings.