SECAUCUS, NJ—As Hartz Mountain Industries continues to reconfigure its portfolio in The Meadowlands, a new player in New Jersey has acquired the 303,000-square-foot office building at 300 Lighting Way from the company. The sales price paid by Rugby Realty Co. was not disclosed.
The seven-story building is situated near the intersection of the New Jersey Turnpike/I-95 and Route 3, between Mill Creek Mall and the Harmon Meadow mixed-use development.
Rugby, which is making its second office acquisition in New Jersey within eight months, plans extensive improvements at the building, renovations to the lobby and addition of a new fitness center, café and conference center.
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