TRENTON, NJ—Leaders of the top two business associations in the state say the state legislature's insistence on legislating mandated behavior by New Jersey businesses gives companies a negative impression of the state's attitude toward business and economic development, and may have contributed to the decision by Mercedes-Benz USA to end its corporate headquarters' 50-year tenure in the Garden State. Listen to an exclusive audio roundup of comments by business leaders and economists.

CHERRY HILL, NJ—United Realty Trust Incorporated has purchased 7 Carnegie Plaza, a stabilized triple-net leased medical headquarters building in Cherry Hill, NJ, from FRS Carnegie Plaza LLC, for $9.3 million.

MONTVALE, NJ—Mercedes-Benz USA is ditching New Jersey for the warmer climate in Atlanta, where it plans to build a new "state-of-the-art" headquarters by 2017. The company says the move will better serve the company by bringing its US headquarters closer to manufacturing and port facilities in the South.

PENNSAUKEN, NJ—Colliers International helped The Bloom Organization sell its 18,240-square-foot office building in the Airport Industrial Park at 7895 Browning Road in Pennsauken, NJ for $1.75 million.

MONTVALE, NJ—Mercedes-Benz USA is ditching New Jersey for a new corporate headquarters in Atlanta, in a move the company says is designed to better serve its growing customer base and strengthen the company's position for long-term, sustainable growth. GlobeSt.com will have more on this story in the morning.

MOONACHIE, NJ—The Streit's Matzo factory at 20 Knickerbocker Road here will be expanding production after Passover in April, as the 90-year old company is reported to have told its New York City employees that it has decided to sell its landmark matzo factory at 148-154 Rivington Street on the Lower East Side to developers.

MARLTON, NJ—Hill International has received a contract expanding its construction management and inspection services for the New Jersey Turnpike Authority's Facilities Improvement Program. The four-year contract has an estimated value to Hill of approximately $33.7 million.

EAST HANOVER, NJ—Griffin Capital Corporation's Essential Asset REIT, sold the Eagle Rock Executive Office Center in East Hanover, NJ to Boxer F3 LLC, a value add multi-tenant office buyer, for $10.95 million.