PHILADELPHIA, PA—Brookwood Financial Partners has acquired a 29-building portfolio of class A and class B office buildings in Bucks County, Horsham, Fort Washington, and the Lehigh Valley area. Brookwood president Tom Brown says the market's recovery will push rents up and vacancies down.

GLOUCESTER TOWNSHIP, NJ—Simon Property Group opened its Gloucester Premium Outlets, a new retail destination in Southern New Jersey, serving the Philadelphia market with an array of high-end fashion stores. Simon COO Mark Silvestri says the firm saw a "hole in the market" in South Jersey it wanted to fill.

SOUTH BRUNSWICK AND MONROE TOWNSHIP, NJ—Taking advantage of strong demand in the tight Exit 8A Submarket, J.G. Petrucci Company is breaking ground for two build-to-suit industrial buildings located in Middlesex County, NJ. Company president Jim Petrucci says the firm likes to build smaller boxes, "contrary to the market.

LYNDHURST, NJ—Sitex Group is planning $3-4 million in capital improvements to the 184,000-square foot industrial it acquired at 1200 Valley Brook Avenue in Lyndhurst, NJ.

CONSHOHOCKEN, PA—Duke Realty Corporation, a nationwide REIT with more than nine million square feet of industrial properties in the northeastern United States, has opened a regional office in Conshohocken, PA, helmed by company veteran Jeff Palmquist.

SHORT HILLS, NJ— Underscoring comments by its CRE lending head that the bank would continue to expand CRE lending, Investors Bank booked six commercial mortgages valued at $128 million for the purchase of multifamily properties, refinancing of mortgages and for financing the construction of an apartment building in New York City.

PHILADELPHIA, PA—CBRE's Capital Markets Debt & Structured Finance team has arranged $49.75 million acquisition and improvement financing for the Public Ledger Building, a historic 534,004-square-foot office property located in the heart of Philadelphia.

SADDLE BROOK, NJ—Higher demand and an increasingly scarce supply of industrial properties in the central and northern part of the state continue to drive Garden State industrials, and more than half of the leasing activity involved class A inventory, according to CBRE's Thomas Monahan