LAKEWOOD, NJ—Less than one year after Sudler completed new construction of the 140,000 square foot industrial building at 1001 New Hampshire Ave. in Lakewood, NJ, the building is already more than 85 percent leased, and Sudler is preparing to launch another spec project in the area.

PHILADELPHIA, PA—Marcus & Millichap has named John F. Thiry, CCIM, an industrial property expert, as a senior associate in the firm's Philadelphia office. Thiry also worked in mission control in Houston on manned spaceflights while in the Navy.

RUTHERFORD, NJ — Successful urban development requires a combination of strong local leadership, effective financial incentives, and an understanding of the new ways in which people go to work, say panelists at the 2015 RealShare New Jersey conference.

SOMERSET, NJ—Industrial coatings manufacturer DSS is leasing 39 Veronica Avenue in Somerset, NJ, a 37,086-square-foot industrial property.

PARSIPPANY, NJ— Groupe SEB USA, the US division of the French firm that makes a number of well-known small household brands, is leasing 31,164 square feet at 5 Wood Hollow Drive, owned by Mack-Cali, in Parsippany, NJ.

PHILADELPHIA, PA—Village Green, one of the nation's oldest and largest luxury apartment owner-operators, will manage Alden Park apartments, a historic, 750-unit apartment community in East Falls/Manayunk.

MOUNTAIN LAKES, NJ—Before Legacy of Mountain Lakes could become successful, the project required an assessment and repositioning, says Michael A. Kehl, president of Marketlogics, an independent firm that specializes in property development research.

RUTHERFORD, NJ—Onyx Equities has sold The Meadows office property at 201 and 301 Route 17 North, Rutherford, NJ, to Meadows Landmark, a Delaware limited liability company. Terms of the sale were not disclosed.