Deals

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

Health Care & Education
Developer buys 46,400 sq. ft. medical office building in Medford

A joint venture has paid $2.4 million for a 46,400-square-foot medical office building in Medford, where it’s planning a series of upgrades to help transition it from condominium units to a single-ownership structure.

Industrial
Key Properties renews 34,000 sq. ft. industrial lease in Carlstadt

A flooring specialties distributor has renewed its 34,000-square-foot lease at a Bergen County industrial building, according to landlord Key Properties LLC.

Industrial
CBRE: 71,000 sq. ft. food facility trades in Carteret

A food production and distribution facility in Carteret has changed hands as part of a two-state, three-building sale-leaseback transaction announced Wednesday by CBRE.

Office
NAI Hanson: Brooklyn management firm moving to Bergen County

A property management firm is relocating from Brooklyn to a recently upgraded office building in Bergen County, following a 1,440-square-foot lease arranged by NAI James E. Hanson.

Retail
RKF touts 13,000 sq. ft. in retail leases in Jersey City

Five tenants will combine to fill the ground floor of a new mixed-use development in Jersey City, following a series of leases arranged by brokers with RKF.

Industrial
NAI Hanson: E-commerce distributor moving to Secaucus from Jersey City

An e-commerce distribution firm has leased nearly 18,000 square feet at a Secaucus industrial building, according to brokers with NAI James E. Hanson who arranged the transaction.

Industrial
Furniture distributor takes 42,000 sq. ft. in Bergen County, Team Resources says

A furniture distribution company has leased nearly 42,000 square feet at a Fairview industrial building, in one of three recent transactions announced by Team Resources Inc.

Industrial
NAI Hanson: Morris County industrial building draws investor interest

An investor has acquired a 157,822-square-foot industrial building in Flanders, just months after a logistics firm signed a seven-year lease extension for the entire space.

Retail
T-Mobile inks lease for new site in Burlington, LMC says

Wireless network operator T-Mobile has leased 1,900 square feet at a shopping center in Burlington County, Levin Management Corp. announced recently.

Retail
Supermarket chain plans 36,000 sq. ft. store in Eatontown, Goldstein Group says

Discount supermarket chain Lidl has acquired a four-acre site in Eatontown that is slated to become home to one of its newest locations, according to brokers involved in the deal.