Deals

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

Office
Hampshire inks 17,000 sq. ft. office lease in Morristown with Sanofi Consumer Healthcare

The Hampshire Cos. has leased up a newly renovated office building in downtown Morristown after securing a nearly 17,000-square-foot deal with Sanofi’s Consumer Healthcare unit.

Industrial
Stone importer takes 40,000 sq. ft. in New Brunswick industrial lease, Connors says

A stone supplier has leased 40,000 square feet of warehouse space in New Brunswick, in a deal arranged by the William F. Connors Agency.

Residential & Mixed Use
Kislak inks multifamily deals in Passaic, Orange totaling $3.9 million

A building with 23 apartments and a restaurant space in Passaic has traded for $2.5 million, in one of two newly announced deals by The Kislak Co. Inc.

Retail
Mixed-use portfolio in Morris Plains trades for $2 million, JLL says

The longtime owner of two mixed-use buildings and a warehouse in Morris Plains has sold the portfolio for $2 million, in a newly announced deal by JLL.

Retail
Sherwin-Williams takes 3,200 sq. ft. on Route 17 in Ramsey, Goldstein Group says

Sherwin-Williams has leased more than 3,200 square feet of highway retail space in Ramsey, brokers with The Goldstein Group announced Monday.

Industrial
RIPCO: Rug, home décor business inks 15,000 sq. ft. industrial lease in North Brunswick

A rug and home décor retailer has leased 15,000 square feet of industrial space in North Brunswick, in a newly announced deal by RIPCO Real Estate.

Industrial
Biopharma firm expands to 5,800 sq. ft. in downtown Jersey City, Equity says

A biopharmaceutical company has renewed its lease and expanded in downtown Jersey City, where it now occupies more than 5,800 square feet.

Industrial
Aspen acquires 83,000 sq. ft. industrial, office portfolio in Burlington in distressed asset deal

Private equity firm Aspen Real Estate has acquired nearly 83,000 square feet of industrial and office space at the junction of two key thoroughfares in Burlington Township.

Office
JLL: Montvale office building sells for $15 million, trading for third time in 12 years

Nessel Development has sold a nearly 120,000-square-foot office building in Montvale for $14.75 million, under a deal arranged by JLL’s New Jersey capital markets team.

Industrial
South Hackensack industrial space trades for second time in three years, NAI Hanson says

An electrical contractor has purchased a 5,300-square-foot industrial building in South Hackensack, in a newly announced deal by NAI James E. Hanson.