Deals

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

Office
Two-story, 49,000 sq. ft. Manalapan office building trades for $4.3 million

The longtime owner of a 49,000-square-foot office building in Monmouth County has sold the property for $4.3 million, in a deal arranged by NAI DiLeo-Bram & Co.

Retail
National food lab takes 9,000 sq. ft. in Bound Brook, BCREG says

A national food testing company is expanding in the region with a nearly 9,000-square-foot lease in Bound Brook, according to The Boniakowski Commercial Real Estate Group.

Residential & Mixed Use
Kislak inks sale of 59 apartments in Harrisburg for $5.25 million

The Kislak Co. Inc. has brokered two new multifamily trades in Central Pennsylvania, arranging the sale of 59 units for a combined $5.25 million, the Woodbridge-based firm announced.

Industrial
Two-building, 125,000 sq. ft. flex complex in Florham Park trades for $22.5 million

The longtime owner of a nearly 125,000-square-foot flex industrial complex in Florham Park has sold the property for $22.5 million, in a deal arranged by McBride Corporate Real Estate.

Industrial
Division of HVAC giant Watsco takes 24,000 sq. ft. at Lakewood warehouse

A subsidiary of HVAC distributor Watsco Inc. has leased 24,000 square feet of warehouse space in Lakewood, according to a legal team with Bertone Piccini LLP.

Health Care & Education
Health care system buys 63,000 sq. ft. Clifton medical office building, NAI Hanson says

A regional health care system is expanding with its purchase of a 63,000-square-foot medical office building in Clifton, brokers with NAI James E. Hanson announced.

Industrial
Marcus Partners adds Middlesex industrial property for $37 million, Lee & Associates says

A private owner has sold a two-building, 200,000-square-foot industrial property in Middlesex County, brokers with Lee & Associates New Jersey announced Wednesday.

Industrial
Branchburg industrial condos totaling 15,000 sq. ft. trade for $2.7 million, Deluccia says

Deluccia Commercial Group has brokered the sale of three contiguous, 5,000-square-foot industrial condominium units in Somerset County for $2.7 million.

Industrial
Sitex adds 40,000 sq. ft. Avenel industrial building for $20 million, in short-term sale-leaseback

Sitex Group has purchased a 40,000-square-foot industrial building in the Avenel section of Woodbridge for $19.7 million, in a newly announced deal by Bussel Realty Corp.

Industrial
Business owner sells 33,000 sq. ft. Tinton Falls industrial building, Zimmel says

The owner of a plumbing and heating supply business has sold a 33,000-square-foot industrial building in Tinton Falls for $5.4 million, brokers with Zimmel Associates announced.