Deals

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

Office
C&W: Tenant expands sublease, takes 30,000 sq. ft. at former Gerber HQ in Florham Park

A professional services and information technology firm has expanded its footprint in Florham Park, adding nearly 30,000 square feet to a sublease that began less than a year ago.

Hospitality & Tourism
Meadowlands hotel fetches $19 million, Marcus says

An institutional investor has acquired a 244-room hotel in Hasbrouck Heights, in a nearly $19 million sale arranged by Marcus & Millichap.

Office
Chilmark: Medical device maker takes 21,000 sq. ft. for new HQ in Marlton

A medical device company is relocating its headquarters in Burlington County, having leased nearly 21,000 square feet at an Evesham office building.

Retail
Sherwin Williams inks 4,700 sq. ft. retail lease in Gloucester Co.

Sherwin Williams has expanded into a Gloucester County shopping center, where it is leasing nearly 5,000 square feet as part of a deal by Vantage Real Estate Services.

Retail
JLL: Mount Laurel retail center with gym, grocery store trades for $18 million

An investment firm has acquired a nearly 130,000-square-foot shopping center in Mount Laurel, under a newly announced transaction by brokers with JLL.

Industrial
Stro acquires 70,000 sq. ft. industrial building in Florham Park

The Stro Cos. has closed on its first building of 2020, acquiring a 70,000-square-foot industrial property in Florham Park.

Office
Roofer expands, takes 3,000 sq. ft. in Elmwood Park, NAI Hanson says

A fast-growing roofing contractor is expanding its Elmwood Park headquarters by some 3,000 square feet, in a transaction arranged by NAI James E. Hanson.

Industrial
Mount Laurel warehouse sells for $32 million

An investment group has reaped $32.2 million from the sale of a nearly 300,000-square-foot warehouse in Mount Laurel, under a newly announced transaction by JLL.

Retail
Aberdeen retail asset trades for $2.3 million, Marcus says

An out-of-state buyer has paid $2.3 million for a 6,000-square-foot retail property in Aberdeen, brokers with Marcus & Millichap announced Wednesday.

Retail
Zoltek: 7-Eleven inks leases for new stores in Jersey City, Carlstadt

Convenience store chain 7-Eleven has found two new locations in northern New Jersey, leasing a combined 5,200 square feet at sites in Jersey City and Carlstadt.