Deals

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

Residential & Mixed Use
LCOR buys Jersey City development site from Veris Residential, eyes new high-rise project

LCOR Inc. has secured a nearly two-acre development site in downtown Jersey City, acquiring the parcel from Veris Residential Inc. in a $54 million deal arranged by JLL.

Industrial
Carrier Enterprise takes 78,000 sq. ft. at new Piscataway industrial building, LMC says

HVAC distributor Carrier Enterprise has leased a newly completed, 78,000-square-foot industrial building in Piscataway to become the latest user at the township’s Rutgers Industrial Center.

Industrial
E-Z Cargo takes 43,000 sq. ft. with outdoor storage space in Parlin, BRC says

A freight forwarder has signed a lease in Old Bridge for a 43,000-square-foot industrial building with nearly seven acres of outdoor storage space, brokers with Bussel Realty Corp. announced.

Retail
Kislak: Longtime owner sells 6,400 sq. ft. Rahway retail building

A private investor has acquired a 6,400-square-foot retail building in Rahway for $765,000, in a newly announced deal by The Kislak Co. Inc.

Office
Technogym leases 18,000 sq. ft. at Vision Properties’ 70 Hudson in Jersey City

Fitness equipment maker Technogym has taken 18,000 square feet of office space along the Hudson waterfront in Jersey City, under a recent deal with Vision Properties.

Residential & Mixed Use
Berkadia: Investor buys 36-unit Elizabeth rental property with upside for $4.8 million

The longtime owner of a 36-unit garden apartment building in Elizabeth has sold the property for $4.8 million, in a newly announced deal by Berkadia.

Office
Sanzari signs 2,800 sq. ft. renewal with law firm, longtime tenant at Hackensack’s Court Plaza

Alfred Sanzari Enterprises has signed a nearly 2,800-square-foot lease renewal with a law firm at its Court Plaza office campus in downtown Hackensack.

Office
NAI Hanson: Vyom Donut Management takes 1,800 sq. ft. at Rochelle Park flex building

A new office tenant is coming to a Rochelle Park flex property after inking a lease for nearly 1,800 square feet, brokers with NAI James E. Hanson announced Monday.

Retail
Playa Bowls franchisee inks lease at Old Bridge’s Glenwood Green, Platinum Realty says

Playa Bowls is coming to a newly built shopping center in Old Bridge under a 1,500-square-foot lease arranged by Platinum Realty Services Corp.

Office
Regeneron takes 127,000 sq. ft. at Vision’s Warren Corporate Center

Regeneron Pharmaceuticals Inc. has leased nearly 127,000 square feet at the sprawling Warren Corporate Center campus, with plans to relocate from another location just off Interstate 78