Deals and Moves: March 13
Car dealership acquisition, office space marketing, commercial real estate sale.
Automobile dealership Prestige Land Rover Inc., in Paramus, announced Monday it acquired Bergen Jaguar to form Prestige Jaguar Land Rover, and will open a 68,000-square-foot facility to offer both Jaguar and Land Rover vehicles.
Commercial real estate brokerage firm CB Richard Ellis announced Monday it is marketing 70,000-square-foot, 75 percent leased office space at the Governor Morris Office Center in Morristown on behalf of the owners, P11 Management LLC.
Marcus & Millichap Real Estate Investment Services, in Elmwood Park, announced Monday the sale of a 13,500-square-foot, net-leased commercial property in Plainsboro for $3.4 million.