Deals

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

Industrial
Medical supplies distributor inks 70,000 sq. ft. lease in Fairfield

Saddleback Real Estate Developers has leased nearly 70,000 square feet in Fairfield to a well-known distributor of medical supplies, the industrial owner said Tuesday.

Office
Markeim Chalmers brokers $2.4 million office sale in Cherry Hill

A local investor has paid nearly $2.4 million to acquire a pair of office buildings in Cherry Hill, according to a broker with Markeim Chalmers Inc. who negotiated the deal.

Industrial
Colliers: Tenant recommits to Bergen County industrial space

A logistics firm has renewed its 74,368-square-foot lease at a Teterboro industrial building, according to brokers with Colliers International Group.

Retail
Middletown shopping center welcomes ‘old world’ Italian market

An Italian market has rolled out its third location in New Jersey with the opening of a new 15,000-square-foot store in Middletown, according to brokers involved in the deal.

Office
NAI Hanson: Design firm moving headquarters in Summit

An architectural firm is relocating within Summit to nearly 2,400 square feet of sublease space, following a deal arranged by NAI James E. Hanson.

Industrial
Newmark brokers six-building, $34 million industrial sale

A landlord has sold a six-building industrial portfolio in Morris County for $34 million, according to executives with Newmark Associates.

Residential & Mixed Use
HFF brokers sale of Newark apartment towers

A private equity firm has sold two 15-story apartment towers about 10 minutes outside downtown Newark, according to brokers with HFF who orchestrated the transaction.

Health Care & Education
Health care investor makes first New Jersey acquisition in Hackensack

A medical office investor has made its entrance to New Jersey, acquiring a 62,000-square-foot building less than a mile from Hackensack University Medical Center.

Office
WCRE: Nonprofit acquires new headquarters building in Voorhees

A nonprofit agency has acquired a 21,654-square-foot office building in Voorhees that will serve as its new headquarters, Wolf Commercial Real Estate announced.

Residential & Mixed Use
South Jersey properties sell for $23 million, Kislak says

Two garden apartment complexes and a shopping center in southern New Jersey have changed hands for a combined $23 million, under a set of transactions brokered by The Kislak Co. Inc.