ATLANTIC CITY-The deal calls for Taubman Centers to own 30% of the upscale 320,000-sf redevelopment of the former Ocean One Mall on the oceanfront, and the two companies have also agreed to partner up on future projects.

BAYONNE, NJ-The planning board expands the Route 440 East redevelopment area, and is said to be talking to a New York-based developer about building a power center there.

SADDLE BROOK, NJ-The firm is handling a 125,000-sf, three-building industrial complex and a 160,000-sf facility on 11 acres, both in the northern part of New Jersey.

CHERRY HILL, NJ-The bank's aggressive expansion will include its first branches in three new markets, metro DC, Connecticut and Pennsylvania's Lehigh Valley.

RANDOLPH, NJ-Beta Development Group owns the 471,547-sf, multi-tenant asset. The loan carries a 10-year term and 30-year amortization.

WOODBRIDGE, NJ-The developer has already started demolishing a vacant industrial building on the site, which it bought from Ecolab in 2002. An early 2006 completion is anticipated.

WESTFIELD, NJ-The Downtown asset, owned by a local partnership, receives the permanent loan from Aegon USA.

TETERBORO, NJ-Longtime industrial real estate vet Charles Klatskin has launched the construction management and contracting firm, and has brought in two top people from Troast to run it.