Deals

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

Office
Verizon expands to 200K sq.ft. at Eastman building in Livingston

Verizon Communications has renewed its lease and added to its already large footprint at a Livingston office complex.

Office
NAI Hanson orchestrates trade of Paterson commercial complex

Two office buildings and a nearby lot in Paterson have changed hands after a sale brokered by NAI James E. Hanson.

Office
Cushman & Wakefield brokers $5.7M office sale in Montvale

A major accounting firm plans to renovate a 60,000-square-foot office building in Montvale after acquiring the property for $5.7 million, Cushman & Wakefield said.

Finance & Capital Markets
Colliers brokers $63M sale of Hackensack office complex

A joint venture has paid $63 million to acquire the Continental Plaza office complex in Hackensack, in a deal orchestrated by brokers with Colliers International.

Office
SJP Properties leases 115K sq. ft. to telecom solutions firm

SJP Properties has inked a new 115,000-square-foot lease with iconectiv, a data infrastructure and messaging solutions firm, at the developer’s Somerset Corporate Center in Bridgewater.

Deals
San Francisco REIT acquires Franklin industrial building

Terreno Realty Corp. has acquired a small industrial property in Franklin for $9.1 million.

Finance & Capital Markets
HFF brokers $147M sale of N.Y. multifamily property

A brokerage team from HFF’s New Jersey office has closed the $147 million sale of a 504-unit apartment community in nearby Rockland County, New York.

Deals
Levin: Two new tenants joining North Brunswick retail center

Sherwin-Williams and Community Dental will be among the newest tenants at a nearly 300,000-square-foot shopping center in North Brunswick, Levin Management said this week.

Deals
HFF arranges $73 million loan for Harrison multifamily project

HFF has secured $73 million in financing for Russo Development’s recently completed, 398-unit multifamily community in Harrison, the real estate services firm said Wednesd

Deals
Cushman & Wakefield arranges sale of South Brunswick industrial building

A fully occupied, 220,000-square-foot industrial building in South Brunswick has changed hands in a sale brokered by Cushman & Wakefield, the firm announced Tuesday.