Deals

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

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.

Office
Woodbridge: KBS inks 53,000 sq. ft. extension with BNP Paribas

A global banking organization has extended its commitment at a Woodbridge office park, where it occupies more than 53,000 square feet under a lease with KBS.

Office
Vision, Rubenstein detail new Sax LLP lease at Parsippany office campus

One of the state’s top accounting firms will debut its new headquarters this summer, when it moves to a soon-to-be-transformed, two-building office campus in Parsippany.

Industrial
Logistics firms take 330,000 sq. ft. in separate Edison transactions, Lee & Associates says

Two logistics users have combined to lease more than 330,000 square feet in Edison, in a pair of newly announced industrial deals by Lee & Associates New Jersey.

Industrial
BRC: Elevator contractor expands, acquires 40,000 sq. ft. Linden building

An elevator contractor has acquired a 40,000-square-foot industrial building in Linden, under a newly announced transaction by Bussel Realty Corp.