Deals

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

Industrial
Blau & Berg: PSEG buys Kenilworth warehouses amid plan to expand substation

Public Service Electric & Gas has acquired two adjacent properties in Kenilworth that will allow it to expand its electrical grid, brokers The Blau & Berg Co. announced Monday.

Industrial
Bridge Industrial buys two-level, 128,000 sq. ft. property in Queens

Bridge Industrial has added to its footprint in the region after acquiring more than 128,000 square feet in the New York City borough of Queens.

Retail
FRT, Crate & Barrel Outlet ink 23,000 sq. ft. lease in Lawrenceville

Crate & Barrel Outlet has secured a new space in Lawrenceville after agreeing to lease more than 23,000 square feet from Federal Realty Investment Trust, brokers with JLL announced.

Residential & Mixed Use
Cervelli: Six-unit Jersey City building with apartments, commercial space fetches $850,000

A private investor has acquired a mixed-use property in Jersey City for $850,000, in a newly announced deal by Cervelli Real Estate & Property Management.

Health Care & Education
Florham Realty: Medical device firm takes 2,400 sq. ft. for new facility in Mount Arlington

A medical equipment company has opened a new location in Mount Arlington after a recent lease for 2,400 square feet, brokers with Florham Realty Management LLC announced.

Government & Public Policy
Cherry Hill farm parcel sold as open space for $3.9 million, Rose Commercial says

The township of Cherry Hill has acquired a 26-acre tract in the municipality for nearly $3.9 million, in a deal arranged by Rose Commercial Real Estate.

Office
Fennelly: Three tenants combine for 7,100 sq. ft. in new deals at Hamilton office building

The owner of a 33,000-square-foot office building in Hamilton has welcomed three new tenants after a series of leases arranged by Fennelly Associates.

Retail
TFE, Pierson tout debut of Starbucks in Monroe, a first for Middlesex County township

Monroe Township has welcomed its first Starbucks with the opening of a new drive-thru location late last year, according to the property’s landlord and its brokerage team.

Deals
Lee & Associates inks sale of historic church building, longtime Masonic Lodge in Madison

A historic building in downtown Madison is slated to become a new community space after changing hands for $1.1 million, in a deal arranged by Lee & Associates New Jersey.

Industrial
Roca Tile moving to Edison under 80,000 sq. ft. lease with Wick Cos., CBRE says

A designer tile company has leased more than 80,000 square feet at an Edison industrial building, in a newly announced transaction by CBRE.