Deals

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

Residential & Mixed Use
Investment firm buys 240-unit senior complex in Edison

An investment firm has acquired an affordable senior housing complex in Edison, its second acquisition in New Jersey this year.

Industrial
Sitex plans upgrades at 83,000 sq. ft. warehouse, its latest Meadowlands acquisition

Sitex Group has made another addition to its Meadowlands industrial portfolio, acquiring an 83,000-square-foot warehouse in Moonachie.

Office
P3 acquires 233,000 sq. ft. pharma HQ building in Bedminster, C&W says

P3 Properties has made another addition to its New Jersey office portfolio, acquiring a 233,000-square-foot building in Bedminster that is home to a major pharmaceutical company.

Retail
Health system inks 5,400 sq. ft. lease in Totowa

One of the state’s largest hospital systems has leased a new retail location in Totowa, in a transaction announced by The Goldstein Group.

Office
Mack-Cali, E-Trade ink 132,000 sq. ft. lease in Jersey City

Mack-Cali Realty Corp. and E-Trade Financial Corp. have completed a lease renewal in Jersey City, where the online brokerage will expand to more than 130,000 square feet.

Industrial
Joint venture buys 370,000 sq. ft. Allendale campus for $50.5 million

Camber Real Estate Partners and Advance Realty have added to their portfolio of light industrial buildings, acquiring a 370,000-square-foot campus off Route 17 in Bergen County.

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.