Deals

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

Industrial
Hertz signs new lease for 10.4-acre industrial parcel in Newark, Blau & Berg says

Hertz Corp. has signed a new lease in Newark at a site that serves as a key location for its car and box truck rental services, brokers with The Blau & Berg Co. announced this week.

Professional Services
Bryan, Shuffler join forces for new public affairs, communications firm

Policy and public relations experts Dan Bryan and Eric Shuffler have launched Resolve Strategic Communications, a full-service agency serving the public, private and nonprofit sectors.

Office
Vacant 5,600 sq. ft. office building in Englewood Cliffs fetches $1.8 million, Kislak says

A private buyer has closed on a vacant 5,600-square-foot office building in Englewood Cliffs, in a newly announced deal by The Kislak Co. Inc.

Retail
Crossroads, Wafra buy grocery-anchored center in Ramsey in partnership arranged by CBRE

A joint venture has acquired a nearly 349,000-square-foot retail property in Bergen County, completing the deal under an equity partnership arranged by CBRE.

Residential & Mixed Use
JLL: Grocery-anchored retail center in Lyndhurst trades as part of $115 million portfolio deal

A real estate investment trust has shed a nearly 78,000-square-foot shopping center in Bergen County as part of a four-state, $115 million portfolio sale arranged by JLL.

Retail
Bell Works retail space fully leased as four new tenants open at landmark Holmdel campus

Inspired by Somerset Development has welcomed four new tenants to its flagship Bell Works campus in Holmdel, bringing the property’s retail space to full occupancy.

Office
Sheldon Gross inks renewals with tech firms at Monmouth Junction office building

The owner of a South Brunswick office building has secured renewals with two technology firms, in a set of newly announced deals by Sheldon Gross Realty.

Industrial
NJDG sells 79,000 sq. ft. shallow-bay portfolio in Rockaway to Faropoint, JLL says

Faropoint has acquired a nearly 79,000-square-foot portfolio of shallow-bay industrial property in Rockaway Township, in a newly announced deal by JLL.

Industrial
Greek, Advance and Torchlight ink $24 million land sale in Logan for new 190,000 sq. ft. distribution facility

A global distributor is coming to a Logan Township industrial campus, where it will occupy a built-to-suit, 190,000-square-foot facility on land it acquired from the park’s developers.

Industrial
Blau & Berg: Freight forwarder inks 126,000 sq. ft. renewal at Secaucus industrial building

A logistics firm is staying in place after signing a lease renewal for nearly 126,000 square feet of industrial space in Secaucus, brokers with The Blau & Berg Co. announced last week.