Deals

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

Office
JLL: Volkswagen U.S. renews for 12,000 sq. ft. in Woodcliff Lake

Volkswagen’s U.S. subsidiary has renewed its 12,000-square-foot lease at a Woodcliff Lake office building, under a lease announced this week by brokers with JLL.

Industrial
3PL firm inks 270,000 sq. ft. lease in Edison, CBRE says

A third-party logistics firm will occupy more than three-quarters of an Edison warehouse after leasing nearly 270,000 square feet at the property, brokers with CBRE announced.

Retail
Monmouth County retail, office center trades for $4.4 million

An investor has acquired a 52,000-square-foot commercial property in Howell for nearly $4.5 million, brokers with The Kislak Co. Inc. said Monday.

Finance & Capital Markets
NKF New Jersey team touts 155,000 sq. ft. office sale in Long Island

Brokers in Newmark Knight Frank’s northern New Jersey office have completed the sale of a 10-building, 155,000-square-foot office park in Long Island.

Residential & Mixed Use
Plainfield rental portfolio sells for $6.4 million, Gebroe-Hammer says

An investor has sold a four-building, 58-unit apartment portfolio in Plainfield for $6.4 million, some two years after acquiring the properties.

Office
Morristown office building sold for $5 million

A nonprofit has reaped $5 million from the sale of its 20,000-square-foot office building in downtown Morristown.

Deals
C&W touts sale of Newark parking garage to Edison Properties

Edison Properties has added to its vast parking portfolio in downtown Newark with the acquisition of a 357-space garage, brokers with Cushman & Wakefield announced.

Office
WCRE: Tech firm inks 15,400 sq. ft. in Marlton

A technology firm has leased more than 15,000 square feet in the Marlton business district, according to brokers with Wolf Commercial Real Estate.

Residential & Mixed Use
KRE Group acquires 304-unit Bayshore rental complex, Gebroe-Hammer says

Kushner Real Estate Group has purchased a 304-unit apartment complex in Monmouth County, in a $56 million transaction announced Thursday by Gebroe-Hammer Associates.

Health Care & Education
RWJBarnabas leases 115,000 sq. ft. in Oceanport, NKF says

The state’s largest hospital system is set to expand at a Monmouth County office building, following a nearly 115,000-square-foot lease arranged by Newmark Knight Frank.