Deals

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

Office
CBRE inks sale of 110,000 sq. ft. Princeton office complex to KABR

The KABR Group has acquired a two-building, 110,000-square-foot office complex in Princeton, CBRE announced, touting the buyer’s plans to reposition the property.

Industrial
Food distributor takes 125,000 sq. ft. at Duke project in Wood-Ridge

Duke Realty Corp. has preleased two-thirds of a new warehouse in Wood-Ridge, inking a nearly 125,000-square-foot lease with a specialty food distributor.

Office
Newmark inks 12,500 sq. ft. lease at creative office building in Union City

A marketing firm has leased 12,500 square feet at a creative professional building in Union City, brokers with Newmark Associates announced last week.

Retail
South Orange restaurant, liquor license trade for $2.8 million

19 Valley St. in South Orange — Courtesy: The Kislak Co.Inc. By Joshua Burd An investor has acquired a well-known restaurant property and a liquor license in downtown South Orange, where a new operator is set to open following the…

Industrial
Greek, LaSalle sell 452,000 sq. ft. industrial building in Piscataway

A joint venture has sold a newly built, 452,000-square-foot industrial building in Piscataway, in a deal arranged by brokers with Cushman & Wakefield.

Industrial
CBRE: Cold storage firm leases 140,000 sq. ft. at Newark industrial project

A cold storage warehousing company has taken nearly half of a newly built, 290,000-square-foot industrial building in Newark, brokers with CBRE announced Wednesday.

Industrial
Sanzari inks renewal, expansion with construction supplier

A construction supplier has doubled its footprint with Alfred Sanzari Enterprises, leasing a combined 64,042 square feet at two South Hackensack industrial buildings.

Industrial
BRC: Food company moving from Brooklyn, buys Perth Amboy warehouse

A food company has acquired a 62,000-square-foot industrial building in Perth Amboy as part of a plan to relocate from Brooklyn, brokers with Bussel Realty Corp. announced.

Retail
Marcus inks $2 million sale of Wyckoff strip center

A private investor has sold a nearly 10,300-square-foot strip center in Wyckoff for $2 million, brokers with Marcus & Millichap announced Tuesday.

Office
NKF: New Providence office, R&D building trades for $23 million

Mountain Development Corp. has sold a multitenant, 171,216-square-foot office and research building in New Providence, in a deal arranged by Newmark Knight Frank.