State: New Jersey -NJ
Wells REIT Buys Aventis HQ in New Jersey
August 22, 2003 Wells Real Estate Investment Trust Inc. has paid about $96 million for a 300,000-square-foot office building in Bridgewater, N.J.The eight-story building, known as 200 Bridgewater Crossing, is fully leased to Aventis Pharmaceuticals Inc., which occupies the Class-A ...
Keystone to Build NJ Distribution Facility for Home Depot
August 20, 2003 Keystone Property Trust (NYSE:KTR) will develop a 772,000-square-foot distribution center for Home Depot USA Inc. on 87 acres under contract at Station Road in Cranbury, N.J. Keystone, a West Conshohocken, Pa., REIT, will retain ownership of the ...
Kushner Buys NJ Apartments for $20Mln
August 8, 2003 Kushner Cos. has paid about $20 million for Sherwood Village, a 304-unit apartment complex in Eastampton, N.J.Kushner, which is based in Florham Park, N.J., financed the acquisition with a mortgage from Morgan Stanley Mortgage Capital. The debt ...
Credit Union Breaks Ground at GM Site in NJ
August 7, 2003 The Times (Trenton, N.J.)The Credit Union of New Jersey yesterday broke ground at the 84-acre old General Motors site in Ewing, N.J., for its new headquarters. HBE Corp. is building the two-story, 22,000-square-foot brick structure on four ...
Prepayment Prompts S&P to Upgrade GMAC 2002-LT
August 6, 2003 Standard & Poor's has upgraded two classes of GMAC Commercial Mortgage Securities Inc., 2002-LT, due to a hefty prepayment of the loan on the three office complexes that back the deal.Both Class M and Class N were ...
ProLogis Signs Two Leases in NJ
August 5, 2003 ProLogis (NYSE:PLD) has signed two leases totaling more than 400,000 square feet at industrial facilities in central New Jersey. Rand Direct Inc., a Teaneck, N.J., manufacturing and packing company, signed for 203,512 sf of distribution space in ...
Mellon Narrows Search to 2 NJ Cities
August 4, 2003 The Star-Ledger (Newark, N.J.)Mellon Financial has zeroed in on two New Jersey cities – Jersey City and East Rutherford – in its search for a regional headquarters site. The leading candidates include Goldman Sachs' 42-story office tower ...
Towers Perrin to Lease Space in New Cherry Hill, NJ, Office Project
August 4, 2003 The Philadelphia Inquirer, August 2 Towers Perrin has agreed to become the first tenant of a new office center to be built at the long-vacant Langston Manufacturing Co. steel fabrication plant, at 111 Woodcrest Rd. in Cherry ...
200 Bridgewater Crossing
fully leased to Aventis Pharmaceuticals Inc. through early 2012
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
