Deals

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

Industrial
Self-storage building in Totowa sells for $19.5 million

Tulfra Real Estate and The Hampshire Cos. have sold a 91,000-square-foot self-storage facility in Totowa for $19.5 million, touting it as a sign of growing demand for the asset class.

Industrial
Cabinet business acquires piece of ex-Montblanc pen factory, HQ

A cabinet maker is set to take over a portion of the former Montblanc pens factory and headquarters in Hunterdon County, following a sale brokered by Charity Realty International LLC. 

Office
Tenants renew, expand at Fairfield office building, Sheldon Gross says

Two existing tenants have inked new deals at a 136,000-square-foot office building in Fairfield, including a nearly 81,000-square-foot renewal by a wine and spirits distributor.

Retail
Bell Works inks seven new retail leases for indoor pedestrian plaza

Seven new retail tenants have committed to Bell Works, the mixed-use campus that now occupies the landmark, 2 million-square-foot former Bell Labs complex in Holmdel.

Retail
Bergen County retail building trades for $1.75 million, CBRE says

CBRE has arranged the $1.75 million sale of a single-story, 3,700-square-foot retail property in downtown Wyckoff.

Industrial
Manufacturer inks 16,000 sq. ft. lease in Somerville, BRC says

A maker of architectural moldings has leased 16,000 square feet at a Somerville industrial building, brokers with Bussel Realty Corp. said recently.

Retail
Lee & Associates inks bank extension in Livingston

Santander Bank has extended its nearly 5,000-square-foot lease at a Livingston commercial building, in a deal announced this week by Lee & Associates of New Jersey.

Office
NKF: Tenants ink 73,000 sq. ft. at upgraded Edison office building

The owner of an Edison office building has closed 73,000 square feet in new leases, following upgrades at the 250,000-square-foot property.

Residential & Mixed Use
Hudson County apartments fetch $3.55 million, Marcus & Millichap says

Two apartment buildings in Hudson County have changed hands for a combined $3.55 million, following investment sales brokered by Marcus & Millichap.

Industrial
Lawn, garden care business inks 271,000 sq. ft. lease in Mahwah

A lawn and garden tools company is expanding its footprint in New Jersey with a lease at a newly built, 271,000-square-foot distribution center in Mahwah.