Deals

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

Office
C&W: Vision Properties extends Maersk, inks new deals at Florham Park office building

Shipping giant Maersk USA has extended its nearly 47,000-square-foot office lease in Florham Park, in one of several newly announced transactions by Cushman & Wakefield.

Industrial
MORVAY buys fully approved sites for new flex industrial projects in Mercer, Zimmel says

A developer is planning more than 100,000 square feet of new flex industrial space in Mercer County after acquiring two fully approved tracts in Hamilton and Robbinsville.

Industrial
NAI Hanson: Beauty products company buys 17,000 sq. ft. Hackensack industrial building

A nearly 17,000-square-foot industrial flex building in Hackensack has changed hands for $2.8 million, brokers with NAI James E. Hanson announced Tuesday.

Deals
Landscape business buys six-acre garden center property in Sparta, Zoltek says

A local operator has acquired a former nursery and garden center property in Sparta, in a newly announced deal by Zoltek Commercial Real Estate Services.

Retail
Burlington takes 38,000 sq. ft. to bring Woodbridge center to full occupancy, LMC says

A busy shopping center in Woodbridge is now fully leased after securing a commitment from Burlington Stores, according to a brokerage team with Levin Management Corp.

Industrial
Ridgecut Road recaps low-coverage industrial properties in I-287 corridor

Ridgecut Road has recapitalized two industrial outdoor storage properties in the Interstate 287 corridor, in the latest sign of the subsector’s growing appeal to major investors.

Residential & Mixed Use
C&W: Summit-based Solomon sells 666-unit rental portfolio near Albany for $82 million

The Solomon Organization has sold a 666-unit apartment portfolio in Upstate New York for $82.4 million, in a deal arranged by Cushman & Wakefield and Pyramid Brokerage Co.

Retail
Specialty grocer in Hammonton snags new downtown location, Vantage Commercial says

A specialty grocery store has found a new location in Atlantic County after leasing space in downtown Hammonton, in a deal arranged by Vantage Commercial.

Retail
Bennett Realty touts momentum at midyear after series of restaurant, retail deals in first half

Nearly a dozen restaurants, medical practices and other retail users are expanding in the region amid a flurry of newly announced leases by Bennett Realty & Development.

Retail
WCRE: ‘Rage room’ business leases 3,200 sq. ft. at Camden County retail center

A so-called rage room is coming to Camden County after taking 3,200 square feet of retail space on a major thoroughfare, according to a broker with Wolf Commercial Real Estate.