UAE-based company snaps up Realogy’s corporate headquarters in New Jersey

For an undisclosed price, a United Arab Emirates-based company bought the Madison, New Jersey office that serves as Realogy’s corporate headquarters, NJBIZ reported. The Hampshire Cos. sold the 270,000-square-foot building on Park Avenue to Gulf Islamic Investments LLC. The Hampshires Cos. worked with architecture firm Kohn Pederson Fox Associates to redevelop the property via an “ambitious adaptive reuse project,” according to the outlet. The Hampshire Cos. president and CEO James E. Hanson II called the property “one of New Jersey’s most valuable office buildings,” adding that the sale “exemplifies the strength of our vision for the property and our ability to create value across property types and economic climates.” [NJBIZ]