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Ashland completes deal for fourth floor in Roseland building

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Mountain Development Corp., Square Mile Capital Management LLC and Jones Lang LaSalle announced Monday the completion of a 75,000-square-foot transaction with Ashland Inc. for the entire fourth floor of 56 Livingston Ave., a former Merck & Co. Inc. facility.

Ashland Specialty Ingredients, a commercial unit of Ashland, will occupy the fourth floor at the Roseland property. The company will be relocating several functions from its existing campus location in Wayne. Terms were not disclosed.

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