PHILADELPHIA, PA—Pennsylvania Real Estate Investment Trust is selectively upgrading its properties with new anchors and other sought after tenants.

RUTHERFORD, NJ—The New Jersey Chapter of the American Institute of Architects (AIA-NJ) has honored Trenton-based Historic Building Architects with a merit award in the historic preservation category for the firm's work on Iviswold Castle, a magnificent late 19th century mansion, now part of Felician College.

NORTH PLAINFIELD, NJ—David Reiner has joined retail real estate services firm Levin Management as vice president of leasing.

NEW BRUNSWICK—Marc Petrella, one of the panelists featured at next week's RealShare New Jersey Conference, says the outlook for industrial real estate is “very, very positive.” Petrella, a senior director with Cushman & Wakefield, will join William Waxman, executive vice president, CBRE, and David Iacobucci, managing director, Woodmont Industrial Partners, on a panel entitled, “Industrial Leaders in the Garden State,” moderated by David B. Wolfe, Esq., partner with Skoloff & Wolfe PC that is scheduled to start at 11:35 a.m. The conference kicks off Thursday, September 11 at 7:45am at the Hyatt Regency in New Brunswick.

WHIPPANY, NJ—The U.S. Green Building Council New Jersey has named Bayer Healthcare's East Coast Headquarters as co-recipient of its 2014 Suburban Green Project Award. Located in Whippany, the Bayer Headquarters is part of one of the largest-scale, mixed-use redevelopment sites in northern New Jersey.

PITTSBURGH, PA—A new 20-story, multi-tenant office building in the heart of downtown Pittsburgh is demonstrating the evolution of Urban Genius design. Developed for two signature tenants in one distinctive building, 350 Fifth Avenue is pursuing LEED® Silver Certification and features wide-open floor plans that allow for utilization of almost 100 percent of floor space.

SADDLE BROOK, NJ——The New Jersey industrial market ended the second quarter of 2014 with positive momentum, and increased demand for large blocks of space continued to drive net absorption and kept vacancy rates low, Mindy Lissner and Matthew Corpuel of CBRE Group tell GlobeSt.com exclusively in a preview of their Q2 2014 New Jersey Industrial MarketView.

CHATHAM, NJ–Cassidy Turley has negotiated the sale of 4000 Bordentown Ave. in Sayreville, NJ. Formerly home to the Keebler Bakery, the one-story, 900,000 square foot brick building on 50 acres is currently fully occupied with 10 long-term tenants.