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ROSELAND, NJ-Chelsea GCA Realty buy costs $240 million totals more than 1.6 million sf. Fortress Investment Group is partner in the far-flung properties, which are 99% leased.
BRIDGEPORT, NJ-The overnight shipper is taking space formerly occupied in the Pureland Industrial Complex by the Pep Boys, the automotive retail chain. GMH Capital Partners represented the new tenant.
TRENTON, NJ-Several state agency programs aimed at helping small- and medium-sized companies in their expansion and relocation moves are given a boost. The measures to bring relief go into effect on New Year's Day.
CLIFTON, NJ-Demolition of a former personal care products distribution facility is paving the way for 637 townhouses and condos. Singles and couples without children are expected to be the major market.
TRENTON-New Jersey teams up with New York and several conservation groups to buy the Sterling Forest watershed tract and remove it from a developer's plans. Setting aside the land protects drinking water as well.
WOODBRIDGE, NJ-A Wick Cos. project totaling 167,500 sf of high-tech office space will also feature a 128-key all-suite hotel when it opens next year. Wick will spend $1 million for road improvements.
CHATHAM, NJ-State Farm signs up for almost 50,000 sf of office and back office space in three counties. The largest site will be a claims processing center into which tenants will move in early next year.
EDISON, NJ-Two leases fill up the fifth floor, which was rebuilt by the owner to turn a single-tenant space into new digs for two computer services companies.
BLOOMFIELD, NJ-A cable company and wireless service provider will relocate from area sites to Alfieri's Central Park Corporate Campus. CB Richard Ellis is brokering the two deals for the owner.