EVESHAM TOWNSHIP, NJ—While the national economy was affected by turmoil in the global markets, the Southern New Jersey commercial real estate market continued its progress for another quarter, WCRE managing principal Jason Wolf tells GlobeSt.com exclusively.

SHIPPENSBURG, PA—A fund advised by CBRE Global Investors has acquired Park 81, a 1.5 million square-foot, class A 100 percent triple-net-leased, single-tenant distribution/warehouse industrial building in a key distribution corridor of Central Pennsylvania. Terms of the transaction were not disclosed.

BERKELEY HEIGHTS, NJ— CVS Pharmacy, the second largest pharmacy chain in the United States, has signed a long term , 25-year ground lease at the Berkeley Heights Shopping Center, 400 Springfield Ave., Berkeley Heights, NJ.

HARRISON, NJ—One of New Jersey's former urban industrial wastelands continues a remarkable transformation, developers and city officials marked the completion of 221 Bergen, a 104-unit luxury residential complex on Bergen Street in Harrison, NJ.

PHILADELPHIA — PernaFrederick Commercial Real Estate has negotiated four lease agreements for approximately 32,240 square feet of office space at Rodin Place, 2000 Hamilton Street.

RIDGEWOOD, NJ—The Stro Companies completed more than $50 million in commercial real estate loans in six transactions during the summer.

FLORHAM PARK, NJ—Commercial real estate investment activity so far this year has been robust across the board, says José Cruz, senior managing director, HFF, and demand for hard assets is likely to continue throughout the rest of the year.

BASKING RIDGE, NJ — Barnes & Noble College Booksellers and the law firm of Carroll McNulty & Kull have renewed and expanded the space covered by their long-term leases to a total of 130,306 square feet at 120 Mountainview Blvd. in Basking Ridge, NJ.