MONTVALE, NJ—Memorial Sloan Kettering Cancer Center will invest more than $100 million into a 17-acre property it just acquired in Montvale, NJ to build its third outpatient center, Crain's New York Business reports.

BENSALEM, PA–Marcus & Millichap has arranged the $3.6 million sale of 1837 Street Road, a 100,000-square foot property net-leased to Kmart in Bensalem, PA.

NORTH PLAINFIELD, NJ–Meridian Capital Group arranged $52.8 million in acquisition financing for the purchase of the Greenbrook Gardens multifamily property in North Plainfield, NJ, on behalf of SDK Apartments.

PITTSBURGH, PA—First Niagara and PMC Property Group have closed on a $40 million loan for the continued redevelopment of the old ALCOA Building into a mixed-use property in downtown Pittsburgh, PA.

CARLSTADT, NJ—As more evidence of the tightness of the industrial market in North Jersey, Sitex says it has lots of interest in the 53,000-square-foot warehouse/distribution center it's building on spec at One Palmer Terrace in Carlstadt, NJ.

MANAHAWKIN, NJ—The Hampshire Companies and its joint-venture partners MCB Real Estate and One Liberty Properties have acquired The Manahawkin Commons, a 318,100-square-foot retail center in Manahawkin, NJ from ACI Manahawkin, for $42.3 million.

CONSHOHOCKEN, PA–The Carlton Group has arranged a bridge loan of $18.5 million in senior debt for the development of two large, luxury mid-rise apartment complexes in Conshohocken.

EAST RUTHERFORD, NJ—Vacancy in the New Jersey industrial real estate market at mid-year 2015 dipped below eight percent for the first time in more than six years, and occupancy gains finished in the green for the tenth consecutive quarter, according to Jason Price, tristate research director for Cushman & Wakefield.