Deals

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

Industrial
Fabuwood Cabinetry takes 197,000 sq. ft. at Linden Logistics Center, CBRE says

A fast-growing cabinet maker has leased nearly 200,000 square feet at Linden Logistics Center, the new 4.1 million-square-foot industrial park in Linden developed by Advance Realty Investors, Greek Real Estate Partners and PGIM Real Estate.

Industrial
LXP Industrial Trust sells 127,000 sq. ft. flight training facility in Whippany, JLL says

A real estate investment trust has sold a nearly 130,000-square-foot flight training facility in the Whippany section of Hanover, in a deal arranged by JLL’s New Jersey capital markets team.

Residential & Mixed Use
Kislak inks $2.6 million sale of 13-unit Jersey City apartment building

A private investor has acquired a 13-unit apartment building in Jersey City for nearly $2.6 million, according to brokers with The Kislak Co. Inc.

Retail
Mediterranean fast-casual chain takes 1,700 sq. ft. at Delran’s Hartford Corners, LMC says

A fast-casual Mediterranean restaurant has leased 1,700 square feet at a grocery-anchored retail center in Delran, in a newly announced deal by Levin Management Corp.

Industrial
Silverman adds 41,000 sq. ft. Hillsborough industrial building in $8.3 million sale-leaseback

An affiliate of The Silverman Group has purchased a nearly 41,000-square-foot industrial building in Hillsborough, in a newly announced deal by Cushman & Wakefield.

Office
Zimmel: Denholtz sells 122,000 sq. ft. Edison office park in $50 million deal

Denholtz Properties has sold a 12-building, 122,000-square-foot office complex at the edge of Edison’s Raritan Center for nearly $50 million, in a deal arranged by Zimmel Associates.

Retail
Fitness, wellness tenants take 6,800 sq. ft. at Edgewater shopping center, RIPCO says

Four new tenants are coming to an Edgewater shopping center after a series of leases totaling nearly 6,800 square feet, brokers with RIPCO Real Estate announced Thursday.

Residential & Mixed Use
Investor adds 60-unit Hudson County apartment portfolio for $10 million, Kislak says

A private investor has acquired 60 units in northern Hudson County for a combined $10 million, in a pair of newly announced transactions by The Kislak Co. Inc.

Industrial
Sheldon Gross: Electrical contractor association takes 5,000 sq. ft. in Somerset

The New Jersey Independent Electrical Contractor Association has leased 5,000 square feet of commercial space in Franklin’s Somerset section, in a deal arranged by Sheldon Gross Realty.

Industrial
BRC inks sale of 10,000 sq. ft. Roselle industrial building to commercial printer

A commercial printer has acquired a more than 10,000-square-foot industrial building in Roselle, in a newly announced transaction by Bussel Realty Corp.