Veeco Process Equipment, a New York-based technological equipment manufacturing firm, acquired its 38,000-square-foot office building in Somerset, New Jersey from Belmont Properties LLC for almost $3.9 million, or about $102 per square foot. The single-story building at 145 Belmont Dr. was delivered in 1980. It is located in an established corporate environment with neighboring tenants such as AT&T, Merrill Lynch, Nissan, & Mitsubishi. Veeco Process Equipment currently occupies space in the building, which it purchased to make room for expanding its business.