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MORRIS PLAINS, NJ—The 63-acre former Pfizer complex here has been vacant since the pharmaceutical firm left the property in 2011 and will likely continue to be until litigation surrounding the property's development is resolved.
PHILADELPHIA—Locally-based ACE American Insurance Co. has filed suit against Triple Five, the developer of the American Dream retail and entertainment complex in East Rutherford, NJ charging that Triple Five “fraudulently conveyed” the land lease on the property in order to skirt a $5.2-million judgment.
HACKENSACK, NJ—Alfred Sanzari Enterprises is helping to make the holidays brighter for community members in need with its first annual “Giving Thanks Food Drive.” The real estate development firm is working in conjunction with The Church on the Green, located at 42 Court Street in Hackensack. The church provides the city's homeless with nutritious dinners twice each week.
WASHINGTON, DC—Homeland Security and General Services Administration have made a number of missteps that will delay delivery by ten years, a GAO report says.
MT. LAUREL, NJ—NAI Mertz has sold a 63,600-square-foot industrial/flex facility at 17 Roland Ave. in Mt. Laurel, NJ, to Horizon Services, a plumbing and HVAC company.
CHICAGO—JLL has just brought on a new chief for its facilities management business at a time when the work has become more integrated with other disciplines.