Deals

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

Industrial
Deugen sells new 48,000 sq. ft. warehouse in East Rutherford after successful redevelopment

Deugen Development has sold a nearly 48,000-square-foot industrial building in East Rutherford, in the culmination of a redevelopment plan that began less than three years ago.

Retail
Barnes & Noble takes 14,000 sq. ft. in return to well-known Roxbury site, Goldstein Group says

Barnes & Noble is returning to a familiar retail property in Morris County after signing a lease for nearly 14,000 square feet, brokers with The Goldstein Group announced this week.

Industrial
Freight forwarder leases Old Bridge industrial site, Sheldon Gross says

A freight-forwarding company has signed a lease in Old Bridge for a nearly 10-acre industrial site with a renovated warehouse space, in a newly announced deal by Sheldon Gross Realty.

Industrial
Tenants lease 733,000 sq. ft. in Burlington, Middlesex industrial deals, Lee & Associates says

A third-party logistics firm has leased nearly 480,000 square feet of industrial space in Burlington, in one of two newly announced deals by Lee & Associates New Jersey.

Office
Boniakowski: Contractor moves from Elizabeth after buying Springfield office building

A construction firm has acquired a 10,000-square-foot office building in Springfield, in a newly announced deal by The Boniakowski Commercial Real Estate Group.

Retail
Single-tenant retail property in downtown Westfield trades for $4.7 million, Marcus says

A local investor has acquired a nearly 36,000-square-foot retail property in downtown Westfield for $4.7 million, brokers with Marcus & Millichap announced Monday.

Industrial
Orthofeet takes 52,000 sq. ft. in Norwood to expand within Sanzari-owned portfolio

Alfred Sanzari Enterprises has signed a new lease in Norwood that will allow a tenant to expand to an adjacent building and add more than 52,000 square feet to its existing footprint.

Retail
KABR-led group adds 730,00 sq. ft. Long Island retail center, in JLL-brokered deal

A private investor has sold a nearly 730,000-square-foot shopping center in New York’s Nassau County, in a deal arranged by JLL’s Morristown-based capital markets team.

Deals
Fidelco, parking operator ink 4.5-acre lease near Newark Airport, Blau & Berg says

A parking lot operator has leased nearly five acres adjacent to Newark Liberty International Airport, in a newly announced deal by The Blau & Berg Co.

Health Care & Education
Lee & Associates: Bridgewater medical office, surgery center asset fetches $10.5 million

A local operator has acquired a medical office and surgery center property in Bridgewater for $10.5 million, brokers with Lee & Associates New Jersey announced Wednesday.