HOPEWELL TOWNSHIP, NJ–Bank of America has founda buyer for the 12-building complex in Hopewell that it inheritedfrom Merrill Lynch & Co., and the deal couldbecome the biggest office transaction on record in New Jersey. Thebank will lease back the space it uses at the 1.8million-square-foot campus, which primarily serves its Bank ofAmerica Merrill Lynch unit.

The trade newsletter Real Estate Alert reported todaythat Fortress Investment Group will buy the complexfor a price of $375 million to $400 million. Fortressspokesmen have not yet issued a statement or responded to phonecalls to confirm. BOA was represented by Cushman &Wakefield in the transaction.

If the price paid for the Hopewell buildings does surpass $377.5million – the amount fetched by the Newport Tower in Jersey Citylast year – the deal will be record-setting, according to severalreal estate analytics firms.

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