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Wells Buys One NJ Office Tower, Eyes Another

Wells Real Estate Funds Acquired the 1.1M-SF PSE&G Building in Newark and Is Circling Jersey City Gem International Financial Tower
By Jillian Ambroz
September 22, 2006 | 8:13 P.M.

Two big office deals in northern New Jersey valued at about $362.5 million could grow Wells Real Estate Funds' portfolio by more than 1.7 million square feet. The Atlanta-based investment company closed on the PSE&G Building in Newark and is believed to be circling International Financial Tower in Jersey City.

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News | Wells Buys One NJ Office Tower, Eyes Another