PARSIPPANY, NJ—Choice Properties has acquired a 30,459-square-foot office building located at 140 Littleton Road in Parsippany, NJ from owner Gisella Haidar.
PARSIPPANY, NJ—Boulevard Plaza in Parsippany has traded hands. A private investor who was not identified purchased the 86,000-square-foot, five-story office building located at 1055 Parsippany Blvd. from New York-based Boulevard Plaza Associates, its owner of more than 25 years.
OLD BRIDGE, NJ—Shop-Rite has signed on as the anchor retail tenant, taking 90,000 square feet for a supercenter at the soon-to-be-developed 2,400-acre mixed-use town center development, The Oaks at Glenwood, in Old Bridge, NJ, The Brunetti Organization says.
HACKENSACK, NJ—Stonegate Realty has acquired the Madison Arms, 52-80 Madison Street, Hackensack, NJ, for $8.7 million, and the firm says it will renovate the property as it has done with others in its portfolio.
LIVINGSTON, NJ—Spring fever – often associated with the month of May – seems to be hitting the multifamily market, according to Gebroe-Hammer Associates, which says it closed six separate sales in four days.
EAST RUTHERFORD, NJ—The New Jersey chapter of NAIOP recognized Jones Lang LaSalle's New Jersey office with awards two deals, one in health sciences and one industrial, that the firm handled.
MOUNT OLIVE, NJ—Commercial Realty Group paid $27.125 million to acquire 350 Clark Drive, a 446,076-square-foot industrial and office building in the Morris County community of Mount Olive, New Jersey from North Jersey Development Group.
HUMMELSTOWN, PA—Creative redevelopment is the key to the expansion of the Hershey Square Shopping Center in Hummelstown, PA, says Heidenberg Properties Group, the center's developer.
