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BEDMINSTER, NJ-The exact amount was not disclosed, but Advance officials say it will allow them to acquire and develop commercial real estate properties worth $300 million a year for five years.
LAWRENCEVILLE, NJ-Interlink Healthcare Communications will take the entire third floor of the 107,000-sf 989 Lenox Dr. in this Princeton-area market. Newmark & Co. arranged the transaction.
SUMMIT, NJ-Northport Partnership and, earlier, Palisades Safety and Insurance have taken space at the 130,500-sf property in transactions arranged by the Garibaldi Group.
CHERRY HILL, NJ-The New Jersey Real Estate Commission give interSTATE Net Bank the go-ahead to provide real estate escrow services for the Garden State's brokerage community.
LYNDHURST, NJ-Rockbridge Capital put together the package for the new owner of the property, which currently operates as the Novotel Hotel. The facility will get a $6.5 million makeover before it's reflagged.
SECAUCUS, NJ - The boat sank a number of years ago and its land site, used for parking and ancillary buildings, has been vacant ever since. The site sold for just under $3 million.
NEWARK-The present value of the initial term of the lease to Matrix Development Group is about $64 million, while the aggregate of payments is about $200 million.
SAYREVILLE, NJ - With its first 62,000-sf facility recently completed at Sayreville Business Center, the Chicago-based developer takes the next step in the ongoing development of the site.