HOBOKEN, NJ—Jet.com, the latest e-commerce venture led by Internet entrepreneur Marc Lore, has signed a 40,000-square-foot office lease with Waterfront Corporate Center III, the third and final building within SJP's high-performance, mixed-use business complex in Hoboken, NJ. SJP recently completed construction on the 14-story, 500,000-square-foot building, designed as New Jersey's only waterfront LEED Silver-certified office and retail tower.

TRENTON, NJ—Legislation that would prevent the state from using Urban Enterprise Zone dollars to fill gaps in the state budget was approved December 18 by the Senate and the General Assembly. Bill sponsor Sen. Nicholas Sacco says the UEZ funds are needed, among other things, for police services to ensure that the zones are safe enough to encourage shoppers.

PHILADELPHIA, PA—Wallace Roberts & Todd senior associate Karen Blanchard has been elected a chapter director and architectural designer Jared Edgar McKnight has been elected associate director for the 2015 AIA Philadelphia Board of Directors.

PRINCETON, NJ–Chambers Street Properties has dumped four multi-tenant office assets totaling 534,849 square feet that it deemed "non-core" to its long-term strategy. The properties brought an aggregate price of $66.3 million.

LOGAN TOWNSHIP, NJ—More warehousing is headed to Salem County, NJ, as Reno-based Dermody Properties has started construction on a new multi-tenant facility in LogistiCenter Logan, its 7.4-million-square-foot industrial park.

MONTGOMERYVILLE, PA—NAI Mertz, arranged for Ambler-based Integrated Image, Inc. to lease an 8,000-square-foot space at 140 Commerce Drive, Montgomeryville, PA, for its sign manufacturing business. Jeffery Licht, SIOR, senior vice president, and Adam Lashner, vice president, represented the owner, K&B Montgomery Real Estate LP in the transaction.

EAST HANOVER, NJ—Winick Realty Group's Gary Krauss, the exclusive broker for Jersey Mike's in New Jersey, has negotiated five new leases for the popular sandwich chain, bringing the brand to four new markets in its home state of New Jersey.

WOODBRIDGE, NJ—The Kislak Company has completed seven recent investment and commercial sales throughout northern New Jersey totaling $18,625,000.