Deals

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

Office
Journal Square office building sells for $20 million

A New York-based firm has acquired an eight-story office building in Jersey City, seeking to capture a value-add opportunity in the city’s growing Journal Square neighborhood.

Industrial
After 25 years, investor gains full ownership of Bergen County property

A real estate investor and developer has completed its 25-year quest for full ownership of a 78,000-square-foot warehouse and retail property in Saddle Brook.

Retail
LMC: Bridgewater lease is fitness chain’s first New Jersey location

A national fitness chain has picked its first New Jersey location, inking a 17,000-square-foot lease at a Bridgewater shopping center.

Health Care & Education
Assisted living facility fetches $18.25 million, Marcus & Millichap says

An assisted living facility in Monmouth County has changed hands for $18.25 million, following a sale orchestrated by a division of Marcus & Millichap.

Office
MDC adds 170,000 sq. ft. New Providence building to portfolio

Mountain Development Corp. has acquired a 170,000-square-foot office building in New Providence, adding a property in what is a high-end suburb and corporate destination.

Office
WCRE brokers sale of Cherry Hill office building

The owner of a 21,500-square-foot office building in Cherry Hill has sold the property, according to real estate services firm Wolf Commercial Real Estate.

Office
Office buildings change hands in Burlington County, Colliers says

Two office buildings totaling more than 80,000 square feet in Evesham are under new ownership, following a deal arranged by Colliers International Group.

Office
New owner of Bloomfield office park gets off to fast start

Less than three months after acquiring a well-known office park in Bloomfield, a real estate firm has inked more than 50,000 square feet in leasing activity at the property.

Residential & Mixed Use
Sale of Englewood properties could lead to redevelopment, NAI Hanson says

Two properties that could serve as a redevelopment site in Englewood have changed hands, following a transaction arranged by brokers with NAI James E. Hanson.

Office
Colliers: Florham Park campus inks 20,000 sq. ft. in new leases

Four new tenants have leased space at a Florham Park office complex, where the ownership group has embarked on upgrades to the amenities and common spaces.