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Garibaldi Group.


The Garibaldi Group has announced the completion of two sales transactions on behalf of two divisions of their long-term client, American Home For the American mortgage lender, see .
The American Home is a center of intercultural exchange located in Vladimir, Russia. The home is designed to model a typical American suburban home and its main focus is the ESL school that provides lessons for Russian students.
 Products Corporation. Robert G. McCafferty, senior vice president/director and Peter D. Blanchard, principal, represented American Home Products on their disposition of two pharmaceutical/manufacturing facilities in Hammonton, N.J. totaling 464,027 square feet, and the disposition of a 640,000 square foot manufacturing/warehouse facility in Clifton, N.J.

The American Cyana mid/Shulton division was formerly housed in the Clifton facility located at the intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another.

intersection

a site at which one structure crosses another.
 of Route 46 and the Garden State Parkway The Garden State Parkway is a 172.4-mile (277-km) limited-access toll parkway that stretches the length of New Jersey from the New York state line at Montvale, New Jersey, to Cape May at the southern tip of the state. Its name refers to the state nickname, the "Garden State". , which was deemed surplus and remained vacant for the past 10 years. The Garibaldi Group was engaged in 1997 to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use.

See also: Dispose
 this 42-acre facility, and immediately initiated discussions with the city about re-zoning to address their concerns regarding traffic, and their desire for high quality ratables rat·a·bles  
pl.n.
1. Income from property taxes: netted the city over $30 million in new ratables.

2.
. Clifton subsequently approved residential zoning for the site and accepted Town & Country's proposal for the creation of a 637-unit townhouse town·house or town house  
n.
1. A residence in a city.

2. A row house, especially a fashionable one.
 complex to be known as "Cambridge Crossing." Coldwell Banker's Clifton office represented Town & Country in this transaction.

The Garibaldi Group represented the Whitehall-Robins division in the sale of two industrial/research buildings totalling 466,800 square feet, located at 999A and 1001 Grand Avenue in Hammonton to Preferred Real Estate Investments of Conshohocken, Pa. 999A Grand Avenue comprises 351,557 square feet located on 60 acres and was the former Whitehall manufacturing site for various over-the-counter liquid and solid dose products. 1001 Grand Avenue includes office, lab and research space and totals 106,540 square feet on over 22 acres.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:handles transactions on behalf of American Home Products Corp.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 3, 2001
Words:265
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