Deals

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

Industrial
Manalapan flex park trades for $8.6 million

A developer has sold a nine-building, 84,000-square-foot industrial and flex park in Manalapan, in a nearly $8.6 million deal announced by CBRE.

Industrial
REIT buys FedEx Ground facility in Trenton for $85.3 million

A real estate investment trust has added to its portfolio in central New Jersey, acquiring a 347,145-square-foot industrial property in Trenton for more than $85 million.

Retail
Tulfra, QuickChek ink ground lease in Cranford

Tulfra Real Estate has entered into a long-term ground lease with QuickChek Corp. just days after acquiring a redevelopment site in Cranford that will be home to a new location for the convenience store chain.

Retail
Marcus brokers $2.8 million retail property sale

A private investor based in central New Jersey has acquired a nearly 5,000-square-foot retail property in the Florida Panhandle, in a $2.825 million sale brokered by Marcus & Millichap.

Industrial
Saddleback touts three new industrial leases

Saddleback Real Estate Developers has inked three new leases at industrial properties in northern New Jersey.

Office
WCRE: Mortgage firm leases 4,500 square feet in Marlton

A mortgage company is relocating its South Jersey headquarters after signing a lease at an office building off Route 73 in Marlton.

Industrial
Colliers: E-commerce firm expands, takes 341,000 sq. ft. in Jersey City

An online furniture and home décor seller has more than doubled its footprint in New Jersey, leasing 341,000 square feet at a Jersey City industrial building.

Deals
Mixed-use Morris County property sells for $1.3 million, Marcus says

A private investor has sold a 10,650-square foot mixed-use property in Morris County, in a nearly $1.3 million sale arranged by Marcus & Millichap.

Deals
PSE&G acquires Newark lot for $1 million

Public Service Electric & Gas has acquired a vacant lot in downtown Newark for $1 million, according to brokers with Sitar Realty Co.

Office
HFF: Investor buys 120,000 sq. ft. Morris County office building

An investment group has acquired a recently renovated, 120,000-square-foot office building about two miles from downtown Morristown, brokers with HFF announced Wednesday.