PARAMUS, NJ—The partnership of Advance Realty and Invesco Real Estate have acquired a 244,000-square-foot retail portfolio, composed of four properties on Route 17 in Paramus, NJ, including a PGA Tour Superstore and a P.C. Richard & Son electronics retail location.

PHILADELPHIA, PA—Brandywine Realty Trust is selling Cira Square, the former main US Post Office complex in the University City district of Philadelphia for $354 million. It's the largest of a group of property sales the real estate investment trust announced Wednesday that Brandywine says will generate $389 million.

MALVERN, PA—Liberty Property Trust will reposition its portfolio through planned sales of approximately 8.5 million square feet of suburban office properties. Liberty CEO Bill Hankowsky says the REIT expects this sale strategy to enable it to report funds from operations for 2016 in the range of $2.35-$2.55, with timing of the sales contributing to the wider range.

PHILADELPHIA, PA—Four out of ten senior executives in the region ranked Philadelphia "very high" or "high" as a place to live and work – but 60 percent said they would consider leaving the area for the right job opportunity, according to a new survey of 850 area executives by Sally Stetson and John Touey of executive search firm Salveson Stetson Group.

EAST RUTHERFORD, NJ—Valeant Pharmaceuticals' plans to double its headquarters occupancy at the Somerset Corporate Center in Bridgewater, NJ, to 610,000 square feet helped make 2015 a banner year for the Cushman & Wakefield office brokerage team led by Marc J. Trevisan and David Sherman.

JERSEY CITY, NJ—The KRE Group and National Real Estate Advisors have topped out the first phase of Journal Squared at 563 feet, a milestone in the construction of the partnership's three-tower, mixed-use project to redevelop Jersey City's historic Journal Square neighborhood and its vital intermodal transportation hub.

Primary care and ambulatory urgent care health facilities are making a major move into big standalone centers and retail strip malls. It's not all a result of ACA, either.

PATERSON, NJ—Lakewood, NJ-based Greentree Development Group kicked off construction of a 156-unit luxury apartment complex in this economically challenged city last week. Paterson Mayor Jose "Joey" Torres Thursday called the Vistas at Great Falls development a significant step in the renewal of the Great Falls Historical District of Paterson.