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NEW YORK CITY—Downtown and Midtown South dominated recent transactions but agreements also were signed in Brooklyn and Staten Island in this wrap up of recent deals.

RAMSEY, NJ— Prestige Management Services, which runs a network of car dealerships throughout the tri-state region, has acquired 133 Williams Drive in Ramsey, NJ, from the Kislevitz Family for about $16 million, the companies say.

NEW YORK CITY—A $20 million upgrade of the asset focused on making the property TAMI-friendly already appears to be paying off for the landlord.

PHOENIX—USAA Real Estate Company of San Antonio, in association with Tempe-based Metro Commercial Properties, has broken ground on a speculative office development in the I-17 / Deer Valley submarket in Phoenix.

PARSIPPANY, NJ—Taking advantage of softness in the Morris County suburban office market, Securitas Security Services USA, a firm that provides security services worldwide, will lease more than half of Mack-Cali's 9 Campus Drive in Parsippany, NJ for the next 15 years.

NEW YORK CITY—Blackstone Energy Partners, targeting a broad spectrum of sectors, aims to take advantage of the recent downturn in oil and gas prices, says CEO David Foley.

EDISON, NJ—Mack-Cali Realty Corporation reported a $9.2 million net loss, or $0.10 per share in the fourth quarter of 2014, mainly because of $12.8 million in executive severance costs that trimmed per-share earnings in the quarter by $0.13. The company said net income for the year was $28.6 million, or $0.32 per share.

The Garden State is seeing what may be its most dramatic demographic shift seen since World War II