Deals

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

Industrial
Investors acquire 570,000 sq. ft. Edison warehouse

A joint venture has acquired a fully leased, 570,000-square-foot industrial building in Edison for what was reported to be more than $80 million.

Retail
Joint venture acquires Springfield Avenue shopping center in Newark

An affiliate of Goldman Sachs and Madison Marquette have acquired one of Newark’s newest retail properties — a fully occupied, grocery-anchored shopping center on Springfield Avenue.

Residential & Mixed Use
Homestake, HBC complete sale of development parcel in Jersey City

Homestake Capital LLC, a boutique real estate investment firm, has made its entrance to Jersey City with a recent joint venture with Hoboken Brownstone Co.

Industrial
Distribution firm takes 29,000 sq. ft. in Moorestown, NAI Mertz says

A global distribution company has leased 29,000 square feet at a Moorestown industrial building, bringing the property to 100 percent occupancy.

Office
WCRE: Law firm takes 2,500 sq. ft. in Cherry Hill

A national law firm has leased more than 2,500 square feet at a Cherry Hill office building, brokers with Wolf Commercial Real Estate announced Friday.

Office
JLL touts 65,000 sq. ft. in leasing at 3 Gateway in Newark

Four tenants have leased a combined 65,000 square feet at a well-known building in downtown Newark, where ownership is reaping the benefits of a multimillion-dollar renovation.

Residential & Mixed Use
CBRE inks sale of 12-unit apartment building in East Orange

An investor has acquired a fully occupied, 12-unit apartment building in East Orange for nearly $1 million, brokers with CBRE announced this week.

Retail
NAI Hanson: Deli building, two-family home sell in Passaic Co.

An investor has acquired a 2,200-square-foot commercial building and an adjacent two-family home in Bloomingdale, in a transaction arranged by NAI James E. Hanson.

Industrial
Harrison warehouse user renews for 21,000 sq. ft., Team Resources says

A storage, logistics and fabrication shop serving the entertainment industry has renewed its 21,000-square-foot lease in Harrison, in a deal arranged by Team Resources Inc.

Retail
LMC: Massage, spa chain takes 3,000 sq. ft. in Bridgewater

A national massage chain is among the newest tenants at a Bridgewater shopping center, leasing nearly 3,000 square feet at the 219,000-square-foot property.