An investment group has acquired a collection of ground-leases in New Jersey as part of a four-state, $97 million transaction with Brandywine Realty Trust.
Investment sales volume is on the rise for office buildings in three southern New Jersey counties, with nearly 800,000 square feet changing hands to start the year and another 2.7 million square feet on the market or under agreement.
Brad A. Molotsky has joined Duane Morris LLP as a partner in its real estate and energy, environment and resources practice groups, the law firm announced.