Deals

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

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.

Industrial
CenterPoint adds 74,000 sq. ft. Jersey City building

CenterPoint Properties has expanded its New Jersey holdings with the acquisition of a nearly 75,000-square-foot industrial building in Jersey City.

Industrial
Hartz, medical instruments maker ink 72,000 sq. ft. lease in Bloomfield

A medical instruments company has leased more than 70,000 square feet of production space in Bloomfield, under a newly completed transaction by Team Resources Inc.

Industrial
Sheldon Gross touts leasing activity at Hillsborough business parks

The owner of two Hillsborough business parks has inked 10 leases for combined 43,859 square feet, in a series of transactions by Sheldon Gross Realty.

Industrial
Meadowlands industrial building fetches $15 million, JLL says

A private equity investor has acquired a nearly 103,000-square-foot industrial building in the Meadowlands for $15 million, under a newly announced transaction by JLL.

Residential & Mixed Use
Mixed-use Journal Square building sells for $3.4 million, Grid says

A mixed-use, 20,000-square-foot building in the Journal Square section of Jersey City has changed hands, following a $3.4 million transaction by Grid Real Estate LLC.

Office
WCRE inks 6,400 sq. ft. renewal in Pennsauken

An accounting firm has renewed its lease at a Camden County office building, where it occupies more than 6,400 square feet.

Office
CBRE touts health care company’s 115,000 sq. ft. sublease in Bridgewater

CBRE is detailing a health care services company’s new 115,000-square-foot sublease in Bridgewater, as the tenant consolidates its footprint following a recent merger.

Retail
Trader Joe’s inks 14,500 sq. ft. lease at Denville shopping center

A new Trader Joe’s is coming to a well-known shopping center in Denville, under a nearly 15,000-square-foot lease with Retail Properties of America Inc.