Normandy has acquired three class A New Jersey office propertiestotaling just more than 500,000 sf from the Bedminster-basedAdvance. The buyer and seller both declined to reveal the saleprice.
Largest of them is Park Place, a four-building, 352,000-sfcampus just off Route 24 at the intersection of Park Ave. andColumbia Turnpike in Florham Park. The foursome is made up of the155,000-sf 200 Park Ave., the 55,000-sf 210 Park Ave., the65,000-sf 220 Park Ave. and the 65,519-sf 230 Park Ave. Thebuildings are currently 93% occupied.
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