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NYC Condos Sold to ML7 for $18M

ML7, a Princeton-based commercial real estate company, on April 21 announced it has bought the retail and commercial condominiums at 70-72 Reade Street, also known as 112-114 Duane Street, in New York City, from door installer MacKenzie Door Company, also of New York, for $18 million.

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Quadrant Buys Brainchild for $1.6M

IT company Quadrant 4 Systems Corp. in Edison announced on April 10 it has paid about $1.6 million in cash and stock to acquire Naples, Florida-based Brainchild Corp., a provider of Web-based learning services.

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Hand & Stone Acquired

Hand & Stone, a Hamilton-based operator of massage and facial spa franchises, on April 15 announced it has been acquired by Levine Leichtman Capital Partners, a private equity firm in Beverly Hills, California.