Printer Friendly
The Free Library
14,669,765 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

One World's Fair Drive in Somerset.


One World's Fair world's fair: see exposition.
world's fair

Specially constructed attraction showcasing the science, technology, and culture of participating countries and enterprises.
 Drive in Somerset, NJ, a 54,000 square-foot office building, has been sold by First Industrial Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Trust (FIRT) to the University of Medicine & Dentistry dentistry, treatment and care of the teeth and associated oral structures. Dentistry is mainly concerned with tooth decay, disease of the supporting structures, such as the gums, and faulty positioning of the teeth.  of New Jersey (UMDNJ UMDNJ University of Medicine and Dentistry of New Jersey ), announced Ronald M. Mahr, president of Weichert Commercial, Realtors. The purchase price was not disclosed.

Arnold Barton, senior vice president, and Marc Magliaro, sales associate of Weichert Commercial, represented the buyer. Jeffrey Punia, regional manager of FIRT, represented the seller.

"One World's Fair Drive, a former HIP site, was occupied by UMDNJ as sole tenant on April 1, 1999. Subsequently, FIRT made a corporate decision to divest To deprive or take away.

Divest is usually used in reference to the relinquishment of authority, power, property, or title. If, for example, an individual is disinherited, he or she is divested of the right to inherit money.
 their inventory of non-industrial properties. This facility went on the block," said Barron. "The University considered the offering. After the decision to negotiate the purchase was made, it took less than a month to close."

Weichert Commercial represents UMDNJ in their continuing search for medical research and treatment facilities in Northern and Central New Jersey. UMDNJ previously leased a total of 87,272 square feet in three locations.
COPYRIGHT 1999 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Geographic Code:1U2NJ
Date:Nov 3, 1999
Words:167
Previous Article:Cushman & Wakefield of Connecticut, Inc.
Next Article:Edward R. Chernoff.(Brief Article)
Topics:



Related Articles
PSE&G buys Somerset Technologies facility. (Public Service Electric and Gas Co. purchases facility in Franklin Township, New Jersey)
No Sale.(Burnham Pacific Properties Inc.)(Brief Article)
First Industrial reports increase in market activity. (New Jersey).(First Industrial Realty Trust Inc.)
Binswanger/Klatskin storms Central N.J.(New Jersey)(Brief Article)
$49M APF loan is Crystal clear.(Banking & Finance)(Brief Article)
Allegiance Realty buys Archon's portfolio.(Allegiance Realty Corporation, Archon Group)
Partners close on $43m sale.(Somerset Partners LLC acquires assets from Wood Partners and AIG)(Brief Article)
JLL to manage 1.1M s/f space.(NEW JERSEY)(Jones Lang LaSalle to manage complexes for LaSalle Investment Management, Inc.)(Brief Article)
Hampshire fund buys One Wiley Drive.(Hampshire Partners Fund VI)(Brief article)
Brokerage signs renewal.(Brief article)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles