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MORRISTOWN, NJ-Manhattan-based Century 21 has leased the old Macy's department store here, which has been vacant for eight years and an eyesore on one side of the historic Morristown Green.
MARLTON, NJ-Woodview at Marlton, 288 units in 36 two-story buildings, was developed on an historic farm, with the developers preserving the property's white-sided farmhouse as a centerpiece.
NEWARK- Heritage Management has acquired the 283,000-sf, 18-story office building, long a downtown landmark that formerly housed the headquarters of First Fidelity Bank. HFF arranged the financing package.
LIBERTY CORNER, NJ-The air conditioning giant will reduce its workforce by a total of 800 positions, mostly by closing a plant in Maryland. Some production is slated to be moved to Asia.
CARTERET, NJ-Genuity, the Internet affiliate of Verizon, isn't going anywhere under its long-term lease. The unnamed seller is asking market price and has tapped CB Richard Ellis to move it.
ATLANTIC CITY-Less than two months after buying this city's first casino property, Colony Capital has unveiled plans for a 500-room, 30-story tower, with another phase not far behind.
CHERRY HILL, NJ-The four-story multi-tenant office building will become a centerpiece for the ongoing redevelopment of an office park in the Cherry Hill West corridor. The seller was Wellsford Capital Properties, Chatham, NJ.
MONTVALE, NJ-Florida-based owner moves the 190-room hostelry, located in the heart of one of the state's premier business communities, in a transaction brokered by Borrus Associates. The purchase price and terms were not disclosed.
FLORHAM PARK, NJ-Two of the Garden State's top homebuilders plan to play off each other's strengths to develop at least a dozen sites in New Jersey, most of them currently owned by Kushner.
ROSELAND, NJ-Dealmaking is alive and well in the pharmaceutical industry in New Jersey as Organon USA buys the building for just under $50 million. The company will house up to 2,000 employees there.