Deals

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

Industrial
Liberty adds industrial buildings in Meadowlands, Edison for $52 million

Liberty Property Trust has expanded its industrial holdings in New Jersey, acquiring properties in the Meadowlands and Edison for a combined $51.8 million.

Industrial
BRC: Rahway warehouse fetches $19.8 million

A buyer has paid nearly $20 million for a 256,000-square-foot industrial facility in Rahway, in a newly announced transaction by Bussel Realty Corp.

Retail
Hemp products retailer inks first brick-and-mortar location, NAI Hanson says

A seller of pharmaceutical-grade hemp products is set to open a store just north of Bergen County, its first brick-and-mortar location, under a 1,200-square-foot lease arranged by NAI James E. Hanson.

Retail
Goldstein Group inks new Sherwin Williams store in Bernardsville

A new Sherwin Williams location has opened in Somerset County, following a newly announced transaction by The Goldstein Group.

Retail
Restaurant operator buys Collingswood site, eyes fourth New Jersey location

A restaurant owner with three locations in New Jersey has set its sights on a fourth, acquiring a 2,000-square-foot property in Collingswood.

Residential & Mixed Use
Kislak: Salem County rental complex sells for $14.3 million

A nearly 200-unit apartment complex in Salem County has changed hands for the second time in less than two years, following a $14.3 million deal brokered by The Kislak Co. Inc.

Residential & Mixed Use
Investment firm buys 168-unit rental complex in Newton

An investment and property management firm has acquired a 168-unit apartment property in Sussex County for $18 million, with plans to add value through a series of renovations.

Retail
Russo inks leases with Chipotle, Panera at mixed-use Union project

Two well-known quick service restaurants have signed on to Russo Development’s new mixed-use project in Union, where the first retailers and residents are expected to arrive this summer.

Office
Colliers inks lease, subsequent sale of Camden County medical office building

A medical office building in Camden County has changed hands after inking a lease with an area health system, in a series of transactions completed by Colliers International.

Office
Voorhees medical office building trades for $3.6 million

A contractor has acquired a 20,000-square-foot medical office building in Voorhees for more than $3.6 million, under a newly announced transaction by Rose Commercial Real Estate.