JERSEY CITY, NJ-A 50-year-old office building just off Journal Square will soon open as Kennedy Lofts, a 56-unit apartment building that is an early sign of the massive change to come in the neighborhood.

SECAUCUS, NJ—Rugby Realty Co., a New Rochelle-based company making its move into the New York area market, has acquired a half-empty office building in Harmon Cove here from Hartz Mountain Industries and will renovate and upgrade it.

MARLTON, NJ-Office leasing in the second quarter was healthy in southern New Jersey, reports Wolf CRE. The third quarter will be better, with 350,000 square feet of pending deals.

PHILADELPHIA-Meridian Capital Group has arranged a $21.7 million mortgage for a local company that will reposition an apartment building from furnished corporate rentals to luxury rentals.

MORRISTOWN, NJ—JLL has completed a new lease for Pernix Therapeutics Holdings Inc. at The Park Square building here.

MORRISTOWN, NJ–Avison Young's Q2 analysis shows that the state's Economic Opportunity Act incentives are improving the economy and the office markets in suburban locales.

JERSEY CITY, NJ–A “boutique” arts-oriented rental building is opening Sept. 1 in Jersey City.

PARSIPPANY, NJ-With the lease of a total of about 18,800 square feet to three companies the IBEW's building on Parsippany Road is fully occupied.