ISELIN, NJ—Tocci Building Companies, the Boston-area construction manager, has opened a New Jersey office at Metro Corporate Campus I (Metro Park) in Iselin, NJ, and named veteran executive Ray Barker to oversee the new office.

ATLANTIC CITY, NJ—Community Investment Strategies has opened two new affordable multifamily rental communities, Connecticut and Carolina Crescent, that are Atlantic City's first affordable rental properties in more than a decade.

PHILADELPHIA, PA—Post Brothers is moving into the University City district with the acquisition of Garden Court Plaza, a 13-story, 146-unit complex at 4701 Pine Street. Post Brothers' development strategy calls for $250 million in investments in University City in the coming years.

PARSIPPANY, NJ—Seven tenants renewed or expanded their leases and three new tenants moved into Normandy Real Estate Partners' two class-A office properties in Parsippany, New Jersey – 99 and 119 Cherry Hill Road, for space totaling 90,018 square feet.

PHILADELPHIA, PA—AKRF, an environmental, planning and engineering firm, has opened a Philadelphia office in One Washington Square, near Independence Hall in Center City. It's the firm's third office in the Philadelphia area, and will serve as its headquarters in the region.

LIVINGSTON, NJ—Empty-nesters and millennials have more in common regarding their tastes in rental properties, but at the same time, investors are getting very specific about the kinds of assets they want to buy, according to panelists at CapRate's fifth annual New Jersey Apartment Summit, held Tuesday at the Eisenhower Conference Center in Livingston, NJ.

MALVERN, PA—Liberty Property Trust named Billy Grayson as director of sustainability. Grayson is responsible for developing and executing sustainability strategy across Liberty's 105 million square foot portfolio.

BAYONNE, NJ—Castle Lanterra Properties has acquired Alexan CityView, a 544-unit apartment community on 7.4 acres along the waterfront in Bayonne for $147.5 million. The property is being renamed Harbor Pointe.