Deals

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

Industrial
Denholtz, MB1 sell L’Oréal R&D headquarters complex for $16 million

Denholtz Associates has sold the 108,000-square-foot headquarters of L’Oréal’s North American R&D division in Clark, in a nearly $16 million deal arranged by Newmark Knight Frank.

Office
MDC, Bukiet sell Clark office building for $10.5 million

A joint venture has sold an office building in Clark after three years of ownership, fetching more than $10.5 million for the recently upgraded, 76,000-square-foot property.

Office
Media firm takes 8,000 sq. ft. in Park Ridge, NAI Hanson says

A digital marketing and publishing firm has leased 8,000 square feet at an office building in Park Ridge, under a newly announced transaction by NAI James E. Hanson.

Retail
Jacobs, Pierson tout 10,000 sq. ft. in leasing at Wall retail center

Tenants have inked more than 10,000 square feet of new leasing activity at a Route 35 shopping center in Wall, as its management continues a host of renovations at the property.

Retail
Auto dealership property sells in Camden County

A freestanding, 3,500-square-foot building in Pennsauken has changed hands among auto dealerships, following a transaction brokered by Wolf Commercial Real Estate.

Office
Law firm, Edison Properties to relocate HQs to Ironside Newark

A law firm is set to relocate to Edison Properties’ Ironside Newark project, as the developer also prepares to move its own headquarters to the rehabilitated former warehouse building.

Residential & Mixed Use
Bergen County apartment tower sells for $43 million, HFF says

A recently upgraded, 146-unit apartment tower in Fairview has changed hands for more than $40 million, following a transaction announced Wednesday by HFF.

Office
JLL: Data backup firm takes 30,000 sq. ft. in Englewood Cliffs

A cloud data solutions firm has leased 30,000 square feet in Englewood Cliffs, in a transaction arranged by brokers with JLL.

Industrial
Rockefeller, HVAC provider ink 155,000 sq. ft. lease in Piscataway

Rockefeller Group and PCCP LLC have filled a second building at their planned 2.1 million-square-foot industrial park in Piscataway, signing a 155,000-square-foot lease with a maker of ductless heating and cooling products.

Industrial
Electrical supplier takes 9,300 sq. ft. in Bergenfield

An electrical supply wholesaler has leased more than 9,000 square feet at a flex industrial building in Bergenfield, under a recent transaction announced by NIA National Realty.