Deals

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

Industrial
Prologis fills Port Reading building with 607,000 sq. ft. lease with logistics firm

Prologis Inc. has leased more than 600,000 square feet in Woodbridge to a warehousing and logistics firm, in what was one of New Jersey’s largest industrial deals to start the year.

Office
LPC: SeaCube Container leases 15,000 sq. ft. at Montvale office building

A company that buys and leases refrigerated shipping containers has taken more than 15,000 square feet of office space in Montvale, in a deal arranged by Lincoln Property Co.

Industrial
BRC: Textile wholesaler, life sciences user ink leases at Somerset industrial flex building

Two tenants have leased a combined 25,000 square feet of industrial and laboratory space in the Somerset section of Franklin, according to brokers with Bussel Realty Corp.

Hospitality & Tourism
Choice Hotels acquires 2.6-acre site on Somerset’s Easton Avenue, The Goldstein Group says

A global hotel chain has acquired a 2.6-acre land parcel in the Somerset section of Franklin, brokers with The Goldstein Group announced Monday.

Retail
Fennelly: Sandwich, wing shop takes 1,300 sq. ft. at Briarwood Shopping Village in Hamilton

A sandwich and wing restaurant is expanding in the region after leasing nearly 1,300 square feet in Hamilton, in a newly announced deal by Fennelly Associates.

Industrial
Brooklyn-based buyer adds 52,000 sq. ft. Totowa warehouse, Team Resources says

An affiliate of Snowball Developments LLC has acquired a 52,000-square-foot industrial building in Totowa, brokers with Team Resources Inc. announced last week.

Retail
Norman’s Hallmark relocates in Ocean Township, debuts 6,400 sq. ft. store on Route 66

Norman’s Hallmark has opened a new full-format store in Ocean Township, where it leases 6,400 square feet at a shopping center on Route 66.

Retail
Somerset, Monmouth county shopping centers fully leased after LMC-brokered deals

A furniture store has taken nearly 5,800 square feet at a neighborhood shopping center in Franklin Township, in one of two newly announced leases by Levin Management Corp.

Residential & Mixed Use
New 38-unit rental building in Journal Square fetches $13.7 million, Matthews says

An investor has acquired a newly completed, 38-unit apartment building in Jersey City’s Journal Square section, in a deal arranged by Matthews Real Estate Investment Services.

Office
Music academy inks 7,000 sq. ft. renewal at West Windsor office building, Fennelly says

A music school that occupies more than 7,000 square feet of office space in West Windsor has renewed its lease, in a newly announced deal by Fennelly Associates.