Deals

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

Industrial
Blau & Berg: Event firm joins roster at new industrial development in Secaucus

An event production company has committed to more than 14,000 square feet at a distribution center now under construction in Secaucus, The Blau & Berg Co. said Thursday.

Office
Bell Works adds flavor, fragrance developer to tenant mix

A flavor and fragrance creator is the latest tenant to commit to the newly imagined Bell Labs complex in Holmdel, where it has leased 60,000 square feet for a new creative hub.