Deals

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

Industrial
Coldwell Banker Liberty inks sale of Union warehouse, office building

A warehouse and office building in Union has changed hands for $3.65 million, following a transaction arranged by Coldwell Banker Liberty.

Retail
Massage operator takes 2,300 sq. ft. in Mount Laurel

A spa operator is leasing more than 2,000 square feet at a newly renovated building in Mount Laurel, under a transaction arranged by Vantage Real Estate Services.

Office
Pharma firm inks renewal for North American HQ in Parsippany, Avison Young says

A pharmaceutical manufacturer has recommitted to its North American headquarters in Parsippany, in a newly announced transaction by Avison Young.

Industrial
Stro acquires 120,000 sq. ft. warehouse, its latest in Bergen County

The Stro Cos. has continued its string of acquisitions this year, announcing the addition of a 120,000-square-foot industrial building in Wyckoff.

Office
CBRE inks sale of eight-acre redevelopment site in Morris County

A developer has acquired a vacant former supermarket property in Morris County, where it’s now planning a multiservice medical office center.

Office
Hamilton office complex sells for $85 million, CBRE says

A well-known office complex at the Hamilton train station has changed hands for nearly $85 million, in a newly announced transaction by CBRE.

Industrial
Investor completes sale-leaseback at 100,000 sq. ft. Fairfield property

An investment firm has acquired a 100,000-square-foot industrial building in Fairfield as part of a sale-leaseback agreement with a manufacturer at the property.

Retail
LMC: Nail salon takes 1,700 sq. ft. at North Brunswick retail center

A nail salon has inked a 1,700-square-foot lease at a North Brunswick shopping center, under a recently completed transaction with Levin Management Corp.

Office
Bergman, Rialto sell Florham Park office complex for $31 million

A joint venture has reaped more than $30 million from the sale of a two-building, 230,000-square-foot office complex in Florham Park, brokers with Colliers International said.

Residential & Mixed Use
Sanzari completes 1031 exchange, purchasing 24-unit rental complex in Essex County

Alfred Sanzari Enterprises has acquired a 24-unit luxury apartment community in Essex County as part of a newly completed 1031 exchange.