Deals

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

Retail
Urban Edge signs World Market to 19,000 sq. ft. lease for new Paramus location

Home décor chain World Market is coming to Bergen Town Center in Paramus, where it’s set to lease more than 19,000 square feet under a deal with Urban Edge Properties.

Health Care & Education
Sherman & Roylance: Buyers plans to renovate, revive West Orange assisted living facility

A private operator hopes to revitalize a shuttered assisted living facility in West Orange after acquiring the 53-bed property, according to a broker with Sherman & Roylance.

Office
Onyx, NJM ink 53,000 sq. ft. lease for insurer’s new home in Parsippany

Onyx Equites has leased 53,000 square feet in Parsippany to NJM Insurance Group, securing another tenant for a newly renovated, five-building office campus off Route 202.

Industrial
Blau & Berg helps logistics firm expand to Midwest with 197,000 sq. ft. deal with Prologis

A freight logistics company has leased nearly 200,000 square feet of industrial space outside Chicago, in a newly announced deal by The Blau & Berg Co.

Retail
Kislak: New retail building in Matawan with approvals for expansion fetches $2.6 million

The site of a new 9,000-square-foot retail building in Matawan has traded for $2.6 million, in a deal arranged by The Kislak Co. Inc.

Industrial
NAI Hanson: Apparel, accessories business takes 4,000 sq. ft. at Dumont industrial building

An apparel and accessories company has leased 4,000 square feet of industrial space in the Bergen County borough of Dumont, according to a broker with NAI James E. Hanson.

Office
Bank of America expanding to 548,000 sq. ft. at Jersey City’s Newport Tower

Bank of America has leased nearly 550,000 square feet along the Jersey City waterfront, in an expansion that marks one of New Jersey’s largest office deals in recent memory.

Office
C&W: Biopharma firm, automaker among newest tenants at Jersey City office tower

A biopharmaceutical firm has leased more than 36,000 square feet at a Jersey City office tower, in the largest of several newly announced deals by Cushman & Wakefield.

Office
Kremer Eye Center expands to 9,800 sq. ft. inside Cherry Hill office park

A vision care and surgery center has expanded at a Cherry Hill office park, where it now occupies nearly 10,000 square feet under a deal with Diversified Management Plus.

Residential & Mixed Use
Veris, Woodmont sell 59-unit Morristown rental property in deal by Gebroe-Hammer, Berkadia

Veris Residential Inc. and Woodmont Properties have sold a 59-unit luxury apartment building in downtown Morristown, in a deal announced by Gebroe-Hammer Associates and Berkadia.