Hersha Hospitality Group, a hotel investor in Philadelphia, announced on Sept. 25 it has sold 16 hotels, including the Courtyard by Marriott in Princeton, for about $217 million to real estate investment firm Blackstone Real Estate Advisors in New York City.
BASF Buys Verenium for $52M
Chemical manufacturer BASF in Ludwigshafen, Germany, announced on Sept. 20 that its U.S. subsidiary, BASF Corp. in Florham Park, paid about $52 million in cash for biotechnology company Verenium Corp. in San Diego.
Acquisition by Hampshire Cos.
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