Deals

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

Industrial
CBRE: Developers acquire Wharton parcel slated for new 95,000 sq. ft. industrial-flex project

A joint venture is set to build a new 95,000-square-foot industrial building in Wharton after acquiring a former Air Products distribution center, brokers with CBRE announced Thursday.

Industrial
Kamps Pallets moves after leasing 153,000 sq. ft. in North Brunswick, Avison Young says

A national pallet company has leased more than 153,000 square feet of industrial space in North Brunswick, in a newly announced deal by Avison Young.

Industrial
Blau & Berg: Two tenants combine for 7,400 sq. ft. in Newark industrial flex deals

The owner of an industrial flex portfolio in Newark has secured two new tenants for the buildings, in a set of leases totaling nearly 7,400 square feet.

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.