Deals

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

Residential & Mixed Use
NAI Hanson: South Orange development lot changes hands, slated for mixed-use project

A developer has acquired the former site of a bank branch in South Orange, brokers with NAI James E. Hanson said, citing plans for a new building with retail and residential space.

Industrial
CBRE inks $4.7 million sale of North Jersey flex, industrial portfolio

A family estate has sold a four-building, 95,000-square-foot industrial and flex portfolio in northern New Jersey, under a newly announced transaction by CBRE.

Retail
JLL: Monroe grocery-anchored retail center sells for $32 million

A joint venture has acquired a Middlesex County shopping center for more than $32 million, in a newly completed transaction by brokers with JLL.

Industrial
Treetop adds second Freehold industrial building, plans 200,000 sq. ft. redevelopment

Treetop Development has added its fourth industrial building in recent months, acquiring a nearly 155,000-square-foot complex in Freehold that it now plans to redevelop.

Office
CBRE inks 31,000 sq. ft. office lease in Parsippany

A technology and consulting firm has leased more 30,000 square feet at a Parsippany office building, under a newly announced transaction by CBRE.

Industrial
NAI Hanson: Lighting firm acquires South Hackensack building, relocating from NYC

A lighting company is relocating from Manhattan after acquiring a 20,000-square-foot industrial building in South Hackensack, in a newly announced deal by NAI James E. Hanson.

Office
Medical group takes 13,000 sq. ft. at new Cherry Hill medical office building

A newly completed medical office building in Cherry Hill in now fully leased after a nearly 13,000-square-foot transaction by Wolf Commercial Real Estate.

Industrial
Investors acquire 149,000 sq. ft. Meadowlands property, CBRE says

An investment group has closed on its purchase of a 149,000-square-foot commercial property in Secaucus, in a newly completed transaction by CBRE.

Industrial
NAI Hanson: Three new tenants coming to Newark industrial complex

Three tenants have combined to lease more than 36,000 square feet at a sprawling industrial complex in Newark, under a series of deals by NAI James E. Hanson.

Office
SJP, Oracle ink 17,000 sq. ft. lease at Bridgewater campus

Technology giant Oracle is relocating to SJP Properties’ five-building, 1.2 million-square-foot office campus in Bridgewater, where it’s leasing 17,000 square feet for a local field office.