,NJBIZ Daily ,Daily News ,Deals and Moves

Deals and Moves: Jan. 17


Office acquisition, biotech research collaboration, apartment sale.


The Hackensack office of commercial real estate brokerage firm NAI James E. Hanson announced Wednesday it has sold a 15,200-square-foot office building in Midland Park to Oakland-based Frasco Realty for $1.45 million.


Drug development services provider Covance Inc., in Princeton, today announced it has entered into a five-year collaboration agreement with the Royal Liverpool University Hospital to conduct early-phase clinical trials at the hospital’s research unit on behalf of biotechnology companies.

Investment real estate sales firm The Kislak Co. Inc., in Woodbridge, announced Wednesday it has sold a 174-unit apartment complex with three commercial spaces in Glenolden, Pa., for $13.5 million.