“Most tenants have taken a ‘wait-and-see’ approach and avoided making real estate decisions, though there was a modest increase in short-term renewals," according to Executive Vice President Ed DaCosta.

The Newton property boasts 64 units, which were fully-occupied at the time of sale.

The 153-unit apartment project - marking the company's first venture in the Garden State - will feature a meditation room with a Himalayan salt wall, children’s playroom, a game room and more.

Atkins Cos. and Woodmont Properties said they already pre-leased 7,000 square feet of the updated property to Axia Women’s Health.

The firm found leasing in the second quarter of 2020 was 36 percent over the first quarter of the year, at 5.2 million square feet leased.

In 2019, the Red Bank-based company revenue of $167 million.

The buyer also retained the Mount Laurel firm as exclusive leasing agent for the property, located within Interstate Business Park.

“We continue to see increased demand from both local and out of market investors looking for opportunities in Paterson," said investment sales specialist Daniel Aviles. "They are attracted to the new development, increasing rental growth, and its convenient proximity to New York City and other parts of northern New Jersey."

HLW Architects developed a space for a biotech company with health and wellness in mind.

Genmab's new location is an expansion of its office and research activities in the United States and will offer 90,070 square feet across two floors.

The Cherry Hill-based brokerage assisted Scents of Flowers and Gifts with a new location.

A family-owned and operated manufacturer of meat products purchased the site as a second location to its existing headquarters and manufacturing plant.