Article: The top commercial real estate deals of 1998

The story of New Jersey's biggest real estate deals in 1998 is very much a before-and-after tale. The sale last summer of a former satellite manufacturing facility standing on 125 acres in East Windsor marked the end of the truly big deals before real estate got clobbered in August's stock market correction. GMH Realty, a developer and broker in Lawrenceville, bought the East Windsor property from Lockheed Martin of Bethesda, Maryland and is converting it into a 1 million-square-foot office park.

Last year got off to a good start. "The first half of the year we saw quite a few trophy properties trade," says Joseph Romano, executive vice president and district manager for Grubb …

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