Deals

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

Office
Weiss brokers 130,000 sq. ft. office, flex sale in Morris County

A partnership has sold a 130,180-square-foot office and flex building just outside Parsippany, in a deal brokered by Weiss Realty.

Industrial
REIT acquires 110,000 sq. ft. industrial building in South Jersey

A real estate investment trust has acquired a nearly 110,000-square-foot industrial building in Cherry Hill, marking its first acquisition in southern New Jersey.

Office
Saxum acquires two commercial buildings in downtown Summit

Development and investment firm Saxum Real Estate has acquired two adjoining properties in downtown Summit, including one that it plans to renovate and market for lease.

Industrial
Equity Real Estate brokers Bergen County industrial sale

A 38,500-square-foot industrial building in Bergen County has changed hands, following a sale arranged by Equity Real Estate Brokerage LLC.

Office
Archer P.C. among law firm renewals at Sanzari campus in Hackensack

A flurry of renewals with law and accounting firms have helped drive recent leasing at an office complex in downtown Hackensack, owner Alfred Sanzari Enterprises announced.

Office
Allergan subsidiary leases, acquires Branchburg office buildings, NKF says

A subsidiary of the pharmaceutical company Allergan has acquired two Branchburg office buildings where it had just signed leases for more than 280,000 square feet, according to the real estate services firm Newmark Knight Frank.

Industrial
Tulfra, Hampshire ink 204,000 sq. ft. lease at repositioned Clifton building

A joint venture has leased 204,000 square feet in Clifton to a well-known bakery business, in the completion of its effort to redevelop a 50-year-old manufacturing plant into new industrial space.

Retail
Howell retail center welcomes burger chain, LMC says

A burger franchise is relocating to a 3,400-square-foot space inside a Howell shopping center, following a deal orchestrated by Levin Management Corp.

Office
Roseland office building sold for $16.7 million

A special servicer has sold a roughly 280,000-square-foot office building in Roseland for $16.7 million, according to brokers with CBRE Group Inc. who marketed the property.

Industrial
Somerset flex building sells for $6.25 million, Marcus & Millichap says

A vacant 67,000-square-foot flex building in Somerset County has traded for $6.25 million, in a deal brokered by Marcus & Millichap’s New Jersey office.