Berwind lands New Jersey corporate campus

Berwind Property Group purchased 330-350 Carter Road, an approximately 300,000-square-foot corporate campus in Princeton, N.J. 

The value of the transaction was not disclosed.

The three-building campus is situated on approximately 190 acres and can accommodate an additional 500,000 square feet of development.

The existing buildings include a newly renovated, 76,000-square-foot research and lab facility leased to Lexicon Pharmaceuticals, an approximately 200,000-square-foot former office/research facility and a 25,000-square-foot office building.   more...

Weingarten bags Georgia retail, industrial centers

Weingarten Realty Investors purchased Village Shoppes of Sugarloaf, in Lawrenceville, Ga., and Southside Industrial Parkway, in Atlanta.

The total value of the transactions was not disclosed.

Village Shoppes of Sugarloaf, located at the northwest corner of Sugarloaf Parkway and Five Forks Trickum Road, is a 147,800-square-foot shopping center anchored by Publix. It was 98 percent occupied at the time of sale. Other tenants include Hollywood Video and Washington Mutual.  more...