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HOBOKEN, NJ-The 550,000-sf second building in the Waterfront Corporate Center will move ahead as planned after lease-up of the same-sized first building tops the 80% mark, including publisher John Wiley's 400,000-sf lease.
WEST ORANGE, NJ-The owner and operator of multifamily real estate properties acquires its first two complexes in the Pennsylvania market and sets its sights on increasing its profile in the eastern part of the Keystone State.
KEARNY, NJ-Great Spring Waters, a Perrier affiliate will occupy 77,000-sf distribution facility on nine acres adjacent to another site the company is marketing for industrial development. TC Northeast Metro Inc. represented the tenant.
EDISON, NJ-J.P. Morgan Chase & Co. subsidiary will take over a $15.8 billion mortgage loan servicing portfolio with more than 200,000 customers, plus other assets.
MORRIS TWP., NJ-While nothing is official, a Honeywell executive tells shareholders that most parent company staffers will probably be let go after merger with GE clears its remaining hurdles and is a done deal.
EATONTOWN, NJ-A permanent package has been set for a fully-leased 110,000-sf flex building that recently underwent a complete renovation. A life company provided the money.
MORRISTOWN, NJ-A utility company will lease Amtrak's right-of-way to string fiber optics from New York City to Washington, DC and west to Harrisburg, PA. The 375-mile mainline section will be ready by spring.
BRIDGEWATER, NJ-The Garden State's economy welcomes yet another major transaction by the global pharmaceutical community. German-based Aventis, the result of Hoechst/Rhone-Poulenc merger, solidifies North American operations.
EDISON, NJ-A 105,000-sf property is moved out of the Archon Group's portfolio. Most of the property is occupied by consulting, association and technology-related firms. C&W represented the seller in the deal.
EWING TWP., NJ-Mercer County is prepared to buy up private homes and a number of commercial businesses to pave the way for extending the facility's capacity. Traffic has been steadily increasing at the airport.