Deals

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

Industrial
Equity investor adds 67,000 sq. ft. flex industrial building in Parsippany

A private equity firm has acquired a nearly 70,000-square-foot industrial flex building in Parsippany, under a newly announced transaction by NAI James E. Hanson.

Office
Biopharma firm takes 185,000 sq. ft. at sprawling Bristol-Myers site in Hopewell

A biopharmaceutical firm has inked a lease for 185,000 square feet at the former Bristol-Myers Squibb Co. campus in Hopewell, helping to backfill part of the 1.14 million-square-foot complex.

Retail
Playa Bowls inks four new locations in northern, central New Jersey

A fast-growing acai bowl and healthy food chain has lined up four additional locations in New Jersey, under a series of transactions arranged by The Goldstein Group.

Retail
CBRE: Investor buys net-leased Lodi retail building for $53 million

An investor has acquired a 132,000-square-foot, triple-net-leased Home Depot property in Lodi for $53 million, under a newly completed transaction by CBRE.

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.