An investment group has acquired a collection of ground-leases in New Jersey as part of a four-state, $97 million transaction with Brandywine Realty Trust.
Deals
Keep up with all of the major leases, investment sales and financing activity in New Jersey.
Optical chain opens 3,000 sq. ft. store at Raritan retail center, LMC says
A Somerset County shopping center has reached full occupancy with the debut of a 3,000-square-foot store by a national optical retailer.
Marcus inks $1.43 million sale of Mount Olive bank property
An investor has acquired a 3,250-square foot retail property in Mount Olive, in a newly completed transaction by Marcus & Millichap.
KABR, Gebroe-Hammer tout $24 million sale of Jersey City rental building
The KABR Group has sold a newly built, 58-unit apartment property in Jersey City’s McGinley Square neighborhood, in a transaction arranged by Gebroe-Hammer Associates.
WCRE inks sale of 5,700 sq. ft. Hamilton office building
A nearly 6,000-square-foot office building in Hamilton is under new ownership, following a transaction arranged by Wolf Commercial Real Estate.
Orthopedist signs 2,500 sq. ft. lease in Cherry Hill, Vantage RES says
A medical office building in Cherry Hill has added a new tenant, securing a long-term lease with a Philadelphia-based orthopedic practice.
CBRE: Developer lures e-commerce giant to Jersey City logistics project, its first in N.J.
A developer has landed a major tenant at its first New Jersey industrial project, inking a full-building lease in Jersey City with what it described as a global e-commerce company.
NAI Hanson inks sale of Hunterdon flex building slated for rehab facility
A psychiatrist has acquired a 7,800-square-foot industrial flex building in Hunterdon County, with plans to build out the property as a residential addiction rehabilitation facility.
Perfume plant in Keyport fetches $5 million, Sheldon Gross says
A perfume company has sold its nearly 75,000-square-foot manufacturing plant in Keyport, under a newly completed transaction by Sheldon Gross Realty.
NYL sells two-building Bedminster office complex, JLL says
New York Life Real Estate Investors has sold a two-building, 194,000-square-foot office complex in Bedminster, in a newly announced transaction by JLL.
