JERSEY CITY, NJ—The City Council granted tax abatements on Wednesday evening for two major mixed-use projects at Journal Square and Downtown.

ALEXANDRIA, VA—Paradigm Development Co. has secured $75 million in construction financing for its Park Meridian at Eisenhower Station apartment tower here.

WASHINGTON, DC—Abdo Development is anxious to get started on a planned mixed-use project at the intersection of 14th Street and Rhode Island Avenue.

BOSTON—The Fallon Co. has secured $204 million in construction financing for its 100 Northern Ave. office building on Fan Pier in the city's Seaport District.

DORAVILLE, GA—Halpern Enterprises reports it has sold the Doraville Plaza shopping center here for $15.5 million to Realty Research Corp. of Norcross, GA.

PALM GARDENS, FL—Brokerage firm CBRE reports it has arranged three new lease deals at the Corporate Center at the Gardens office park here totaling 54,350 square feet.

NEW YORK CITY—Fueled by strong leasing demand that produced more than 9.4 million square feet of office leasing activity during the first three months of 2014, New York City's office vacancy rate fell to 10.5% at the end of the first quarter of this year.

LOGAN TOWNSHIP, NJ—Dermody Properties reports it has revised the master plan for its 1,100-acre LogistiCenter Logan industrial park here.