Cushman Leads $71M Single-Office Deal, NJ's Biggest Of 2013

Law360, New York (April 18, 2013, 7:42 PM EDT) -- The American subsidiary of China State Construction Engineering Corp. Ltd. has purchased a more than 320,000-square-foot office building in Morris Township, N.J., for $71 million in the biggest single office deal in New Jersey so far this year, commercial real estate services firm Cushman & Wakefield Inc. said Thursday.

China Construction America Inc. purchased the property for about $221 per square foot, Cushman said in a press release Thursday. China Construction was represented by CBRE Group Inc., and has reportedly retained Jones Lang LaSalle to manage...
To view the full article, register now.