GLOUCESTER COUNTY, NJ-The building was 93% occupied at the time it traded, and the local buyer plans significant upgrades to make it more competitive, according to Joel Schwartz, who teamed up with Ken Uranowitz on the deal.

HARRISBURG, PA-As part of the acquisition, the 348-key hotel will undergo a multi-million renovation.

TRENTON-Michele Brown, a top advisor to Gov. Chris Christie, will take her old job. In a statement, the governor said he will miss working with Franzini, but is confident she will lead the EDA to new achievements with her “honest, open and effective style.”

JERSEY CITY-The Port Authority of New York & New Jersey has cited gains after $1 billion was invested in upgrades and new cars.

ELMWOOD PARK, NJ-With foreclosures rising, demand intensifies—and investors are increasingly attracted to distressed complexes, according to a new report.

NEWARK-The utility company has recommitted long-term to 80 Park Plaza -- a huge vote of support for Downtown -- says Colliers International.

PHILADELPHIA-Co-founders of Devon Realty, Ed Brown and Philip E. Deeter join a six-member regional office.

WOODBRIDGE, NJ-The locally based owner and manager sees self-storage as an expanding CRE niche.