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MOUNT OLIVE, NJ-The chemical giant, which is looking to shed its 154-acre, five-building, one million-sf North American home base here, has hired C&W to move the property, and to find the company a new home in North Jersey.
TRENTON, NJ-The controversial BIG Map is history, at least in its most recent form, as the McGreevey administration looks for new ways to control sprawl. The new process will be unveiled early next year.
CRANBURY, NJ-The seller was Bristol-Myers Squibb, which has vacated the NJ Turnpike Exit 8A submarket facility. The Garibaldi Group represented the pharmaceutical giant in the transaction.
WOOLWICH TWP., NJ-The acquisition represents the first Garden State buy for the year-old Pennsylvania-based investment firm. The asset is fully leased to three tenants.
PINE HILL, NJ-The Pine Hill Partners project in South Jersey, which will include a 40,000-sf retail center, will be located adjacent to Pine Valley Golf Club, considered by aficionados to be the top golf course in the country.
NEWARK, NJ-The Superior Court action, aimed at overturning the choice of Mills Corp. and Mack-Cali to redevelop the Continental Arena site, charges that the selection process was flawed.
BRIDGEWATER, NJ-Stellar Academy has signed on for 16,000 sf within the 48,500-sf Bridgewater Corporate Center, which is owned by the New York City-based Zirinsky Associates. National Business Parks did the redo for the owner.
SOUTH BRUNSWICK, NJ-The seller was JP Morgan Special Situation Property Fund. With FNS Logistics and Federal Express as key tenants, the two assets total more than 470,000 sf. Cushman & Wakefield arranged the transaction.
PARSIPPANY, NJ-The new commercial services manager for the region, who will be based here, comes to the company from the Staubach Co.'s New Jersey office.