WARREN, NJ—Rubenstein Partners and Vision Real Estate Partners, building on the successful transformation of the Morris County-based Alcatel-Lucent campus into a multiple use complex for Bayer and MetLife, have acquired Warren Corporate Center in Warren, NJ, for $136 million and expect to transform it into a similar multiple-tenant, destination-style office and outdoor activity site, Vision's founder and managing partner, Sam Morreale, tells GlobeSt.com exclusively.

NEW YORK CITY—The company has hired two veteran brokers to jointly head the division.

FAIRFIELD, CT—“This represents a significant portion of Franchise Finance, our last North American business to be sold as part of our plan to significantly reduce the size of GE Capital,” says CEO Keith Sherin.

PHOENIX—The 206-unit Sonoran Palms, the 92-unit Mark@87 and the 108-unit Village Green (all in Mesa) and the 72 unit Williams Gateway in Gilbert, received major improvements.