Deals

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

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.

Industrial
PR network for auto industry takes 24,000 sq. ft. in Hackensack

A public relations and marketing firm for the auto industry has leased 24,000 square feet in Hackensack, in one of several newly announced deals by Team Resources Inc.

Industrial
WCRE inks sale of rec centers in Cherry Hill, Mount Laurel

A sports and entertainment operator has acquired two facilities in southern New Jersey, under a newly completed transaction by Wolf Commercial Real Estate.

Industrial
Camber, Advance sell 529,000 sq. ft. light industrial portfolio, JLL says

A joint venture has sold more than 500,000 square feet of light industrial space in Morris County, closing the deal less than two years after acquiring the four-building portfolio.

Office
Colliers: Piscataway office building fetches $11.5 million

An investor has acquired a nearly 200,000-square-foot office building in Piscataway, under a newly announced transaction by Colliers International.