Maersk Inc. has sold its former Madison, New Jersey, headquarters building for more than $53 million to an investment firm that specializes in corporate properties, according to CBRE.

The property, which sits in the five-building Giralda Farms office park, was designed nearly 30 years ago as a build-to-suit for Maersk. The company’s new North American headquarters is at 180 Park Ave. in Florham Park.

More at NJ Biz