NEWARK-The NHL team has signed an agreement with this city to build a new 18,000-seat venue that calls for the facility to be ready by the 2007-2008 season. Work is expected to start in July.

NEWARK-The NHL team has signed an agreement with this city to build a new 18,000-seat venue that calls for the facility to be ready by the 2007-2008 season. Work is expected to start in July.

ALLENDALE, NJ-The largest of the recent deals involves the sale of a 118,000-sf distribution center in Somerset County to a local partnership.

CARLSTADT, NJ-Seller Manhattan Products will stay in the building under the terms of a sale-leaseback arrangement. The acquisition is the buyer's third acquisition in the Garden State in the past 18 months.

MORRISTOWN, NJ-The 225-room hotel, part of a mixed-use complex in this city's Downtown, will also get $6 million worth of renovations. The New York City-based Olnick and Fisher organizations own the property.

SOMERSET, NJ-The buyer, which has been aggressively expanding nationally, picks up a half dozen office properties and an exhibition center here and in Hanover Township.

SOMERSET, NJ-The buyer, which has been aggressively expanding nationally, picks up a half dozen office properties and an exhibition center here and in Hanover Township.

PARSIPPANY, NJ-Unit president Michael Healy has been let go in the wake of what officials of the Stockholm-based construction giant call an "unacceptable" performance by the unit in 2004.