NAI Hanson: Buyer of Maplewood property plans conversion to medical space

A real estate firm has acquired an 11,500-square-foot office building in Maplewood that it now plans to repurpose as a headquarters medical facility, according to brokers involved in the deal.

Middlesex County retail property sells for $1.2 million

A freestanding retail building in North Brunswick has changed hands among private investors, in a nearly $1.2 million sale brokered by Marcus & Millichap.

Route 3 office building trades for $2.5 million, Marcus & Millichap says

A private investor has paid nearly $2.5 million for a 21,600-square foot office building along Route 3 in Clifton, according to brokers with Marcus & Millichap.

Developer adds to Fairfield industrial portfolio

Saddleback Real Estate Developers has added to its fast-growing industrial portfolio with the acquisition of a 23,200-square-foot building in Fairfield.

Adult day care operator finds space in Bergen County

The operator of an adult day care center has leased a 12,000-square-foot building in Carlstadt, according to brokers with Team Resources.

NAI Hanson: E-commerce service firm inks lease in Fair Lawn

An e-commerce toy and clothing distributor has leased 12,500 square feet at a warehouse and flex building in Fair Lawn, according to NAI James E. Hanson.

Insurance firm takes 20K sq. ft. at Morristown office building

Vision Real Estate Partners has leased nearly 20,000 square feet to an insurance firm at its newly acquired office building in Morristown, the largest among several recent deals announced by the firm.

NAIOP gala honors projects and CRE leaders of past and present

NAIOP New Jersey unveiled three Deal of the Year awards at its annual gala, which also honored two late industry icons, Arthur Greenbaum and Caren Franzini. The program also recognized three of the state’s leading service firms — JLL, Biggins Lacy Shapiro & Co. LLC and Hollister Construction — before a packed house at The Palace at Somerset Park in Franklin.

Marcus & Millichap brokers sale of net-leased dollar store in Orange

A developer has sold an 8,020-square-foot Family Dollar property in Essex County for just over $2 million, according to Marcus & Millichap.

IOREBA panel tackles changes and challenges in N.J. commercial real estate

No matter the asset class, commercial real estate in New Jersey is changing in a big way.

That was the message of industry leaders earlier this week as some 350 owners, brokers and other professionals gathered for the annual Developer’s Night hosted by IOREBA, or the Industrial and Office Real Estate Brokers Association.