Deals

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

Retail
Franklin retail center trades for $12.8 million

A private investor has acquired a Somerset County shopping center for nearly $13 million, in a transaction arranged by brokers with Marcus & Millichap.

Deals
Kushner Cos. expands Long Branch holdings with two new sites, Kislak says

Kushner Cos. has acquired two properties in Long Branch to complete an oceanfront corner assemblage alongside its Pier Village complex, brokers with The Kislak Co. Inc. said.

Finance & Capital Markets
HFF brokers another loan for South Jersey warehouse investor

HFF has arranged new financing for an investor’s purchase of a 112,000-square-foot industrial building in Mount Laurel.

Office
NAI Hanson: IT firm takes 6,900 sq. ft. at Parsippany office building

A regional IT firm has leased nearly 7,000 square feet at a soon-to-be-renovated office building in Parsippany, brokers with NAI James E. Hanson said Wednesday.

Office
NRDC extends 90,000 sq. ft. lease with biopharma firm

A biopharmaceutical firm has extended the lease for its 90,000-square-foot headquarters and research and development facility in South Plainfield, its landlord announced Tuesday.

Government & Public Policy
NAI Hanson: Sale of farm property will preserve 244 acres in Hunterdon Co.

A public-private coalition will create a sprawling greenway in Hunterdon County after acquiring 244 acres of open space, under a transaction arranged by NAI James E. Hanson.

Residential & Mixed Use
Kislak closes 34-unit portfolio sale in Orange

Two apartment buildings in Orange with a combined 34 units have changed hands for $3.75 million, following a recent deal brokered by The Kislak Co. Inc.

Industrial
Calif. logistics firm buys Hunterdon warehouse, C&W says

A logistics company from Southern California is expanding into New Jersey with its purchase of a 30,000-square-foot warehouse in Hunterdon County.

Retail
Somerville retail property trades for $2.3 million, Marcus says

A private investor has sold a 13,000-square-foot retail property in downtown Somerville, according to brokers with Marcus & Millichap who arranged the deal.

Office
NKF touts 65,000 sq. ft. in leasing at Bridgewater office building

A telecommunications equipment firm has leased 35,000 square feet at a Bridgewater office building, one of three new leases announced by brokers with Newmark Knight Frank.