Deals

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

Residential & Mixed Use
1031 investor sells rental properties in Highland Park, Eastern Pa.

An investment group has sold a 26-unit apartment building in Highland Park as part of a 1031 exchange involving properties in New Jersey and Pennsylvania, The Kislak Co. Inc. said.

Retail
Atkins, Woodmont ink first retail tenants at mixed-use Washington Twp. project

Atkins Cos. and Woodmont Properties have signed three leases at a new 10,000-square-foot standalone retail building at their Washington Square Town Center project.

Office
WCRE inks sale of Camden County office building

A freestanding, 4,100-square-foot office building in Camden County has changed hands, following a sale arranged by Wolf Commercial Real Estate.

Retail
Insurance franchisee inks lease at mixed-use Marlton project

An insurance agency has signed a new lease at the base of a luxury apartment development in Burlington County, Vantage Real Estate Services announced this week.

Office
Normandy, NKF ink $19.5 million sale of Princeton-area office building

Normandy Real Estate Partners has sold a nearly 114,000-square-foot office building in the Princeton submarket, under a $19.5 million deal arranged by Newmark Knight Frank.

Office
LEG touts new leases totaling 100,000 sq. ft. at Morristown-area buildings

Five tenants have combined to lease more than 100,000 square feet at a four-building, 412,000-square-foot office portfolio near downtown Morristown, Lincoln Equities Group announced.

Industrial
Home décor business renews for 152,000 sq. ft. in Piscataway, BRC says

A home décor company that leases nearly 152,000 square feet in Piscataway has signed a renewal, in a newly announced transaction by Bussel Realty Corp.

Office
HVAC provider moving HQ, takes 32,000 sq. ft. in Montville

A heating and cooling company is set to move its U.S. headquarters to a newly upgraded office building in Montville, under a 32,000-square-foot lease arranged by Cushman & Wakefield.

Office
NAI Mertz inks sale of Manalapan office portfolio for $5.2 million

A three-building, 78,000-square-foot office portfolio in Manalapan has changed hands for more than $5 million, following a deal arranged by NAI Mertz.

Residential & Mixed Use
JLL closes sale of 18-story rental tower in Stamford

Brokers in JLL’s Morristown office have inked the sale of an 18-story luxury apartment tower in downtown Stamford, Connecticut.