Deals

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

Newmark: Woodbridge office park thriving with 143,000 sq. ft. in leasing since late 2022

A private equity firm is reaping the benefits of upgrading a Woodbridge office campus, where it has secured more than 140,000 square feet of leasing activity since late 2022.

Law firm buys 6,000 sq. ft. office building in downtown Montclair, NAI Hanson says

A law practice has acquired a newly renovated, 6,000-square-foot office building in downtown Montclair, in a newly announced deal by NAI James E. Hanson.

Investor acquires 321-unit affordable housing tower in Camden, eyes $104 million rehab plan

Hudson Valley Property Group is planning a major preservation and rehabilitation of Northgate Apartments at 433 North 7th St. in Camden, with plans calling for site infrastructure upgrades, mechanical system replacements and many in-unit bathroom, kitchen and apartment safety improvements.…

Ridgecut Road, Marcus Partners acquire 3.6-acre industrial site in South Plainfield

Ridgecut Road and Marcus Partners have acquired nearly four acres of low-coverage industrial property in South Plainfield, marking the firms’ second deal together in less than a year.

CVS takes 427,000 sq. ft. at new 86-acre logistics park in Jersey City

CVS has leased more than 427,000 square feet of new industrial space in Jersey City, becoming the latest tenant to commit to an 86-acre campus just north of Route 1&9.

Scannell, Soligent ink 55,000 sq. ft. industrial lease in Millstone, Avison Young says

A solar panel distributor has leased nearly 55,000 square feet of industrial space in the Monmouth County township of Millstone, brokers with Avison Young announced.

Logistics firm inks full-building, 469,000 sq. ft. sublease at Piscataway warehouse, C&W says

A logistics user has signed a sublease to take over a 469,000-square-foot industrial building in Piscataway, in a newly announced deal by Cushman & Wakefield.

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.

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.

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.