Wells REIT II buys Newark skyscraper

Eyes 'stable' tenancy with current utility co.
Published on Sep 25, 2006

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by CareyBot

Wells Real Estate Investment Trust II Inc. acquired 80 Park Plaza, the 26-story headquarters of Public Service Electric and Gas Co. in Newark, N.J. The value of the transaction was not disclosed. Newark Urban Renewal Investors LP sold the approximately ...

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