Deals

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

Industrial
Brooklyn electrical contractor buys Paterson building for $7.8 million

An electrical contractor is expanding into New Jersey with its purchase of a Paterson industrial building, under a $7.8 million deal arranged by Team Resources Inc.

Retail
Goldstein Group: Salad chain joins New Providence shopping center

A fast casual salad chain has taken 3,200 square feet at a New Providence shopping center, brokers with The Goldstein Group announced this week.

Retail
Net-leased bank property in Bordentown fetches $1.7 million

A private investor has sold a 2,760-square-foot, net-leased bank property in Bordentown, in a nearly $1.7 million deal arranged by Marcus & Millichap.

Retail
RD Management, JMF ink 119,000 sq. ft. deal with Lowe’s in Cedar Knolls

A joint venture has landed Lowe’s as an anchor tenant at a soon-to-be-built shopping center in Hanover, where the retailer is taking nearly 120,000 square feet.

Office
Tinton Falls office building sells for $14.25 million, Kislak says

A New York-based investor has acquired a two-building, 132,272-square-foot office complex in Tinton Falls, in a $14.25 million sale arranged by The Kislak Co. Inc.

Office
C&W: Investors buy 119,000 sq. ft. office complex in Hamilton

An investment group has acquired a two-building, 119,000-square-foot office complex in Hamilton, brokers with Cushman & Wakefield announced Monday.

Industrial
REIT acquires Moorestown warehouse for $13.6 million

A real estate investment trust has acquired a newly updated, 209,000-square-foot industrial property in Moorestown, in a $13.55 million sale brokered by NAI Mertz.

Office
WCRE: Law firm inks 2,300 sq. ft. lease in Cherry Hill

A boutique law firm has taken more than 2,300 square feet of office space in Cherry Hill, under a transaction arranged by Wolf Commercial Real Estate.

Office
AY: With upgrades in sight, Ramsey office building attracts five new tenants

Five tenants have leased a combined 11,600 square feet at a Ramsey office building once anchored by UPS, whose new owner is now upgrading the 139,000-square-foot property.

Office
NAI Hanson brokers sale of Ridgewood medical office building

A cardiology practice is now an owner and occupier of a 9,242-square-foot medical office building in Ridgewood, following a sale arranged by NAI James E. Hanson.