Deals

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

Industrial
Logistics firm takes 526,000 sq. ft. in South Brunswick, Lee & Associates says

A multinational logistics firm has leased more than 500,000 square feet at a Prologis-owned building in South Brunswick, in a newly announced transaction by Lee & Associates.

Industrial
HFF: Newark industrial parcel sells for $8.2 million

A developer has paid more than $8 million for a 4.5-acre parcel near Newark Liberty International Airport, where it now plans to build an 80,000-square-foot industrial building.

Office
Montvale office building sold, slated for conversion to medical

The buyer of a 14,000-square-foot office building in Montvale plans to convert the property to medical space, following a sale arranged by NAI James E. Hanson.

Industrial
JLL: Bordentown business park, development site fetch $19 million

An investment group has sold a two-building office and warehouse complex in Bordentown, in a $19 million sale arranged by JLL.

Industrial
Bergenfield warehouse draws 100,000 sq. ft. in renewals

Two tenants have combined to lease more than 100,000 square feet at a Bergenfield industrial building, in a set of renewals announced recently by Team Resources Inc.

Industrial
NAI Hanson: Distributor set to move after acquiring 32,000 sq. ft. Fair Lawn warehouse

A distributor of baseball caps is moving within Bergen County to a newly acquired industrial building in Fair Lawn, following a deal arranged by NAI James E. Hanson.

Office
Gloucester County office building sold for $900,000, Markeim Chalmers says

A residential real estate company has acquired a 10,000-square-foot office building in Washington Township, according to real estate services firm Markeim Chalmers Inc.

Retail
Lidl acquires shuttered Acme site in Bergen County, Ripco says

International supermarket chain Lidl has purchased a former Acme store in Bergenfield, providing the operator with an expansion opportunity in northern New Jersey.

Industrial
Stro touts lease-up of newly added warehouse in Elmwood Park

Three tenants have combined to lease 45,000 square feet at an industrial building in Elmwood Park, The Stro Cos. announced, bringing the recently acquired property to full occupancy.

Residential & Mixed Use
HFF: Joint venture sells 240-unit rental property in Lawrenceville

An investment group has acquired a 240-unit apartment community in Lawrenceville, in a transaction arranged by brokers with HFF.