TRENTON, NJ-The Business Employment Incentive Program, credited with helping create thousands of jobs, will come under the microscope of a group of public and private sector leaders, including some of the state's top real estate people.

PARSIPPANY, NJ-Located within Fox Hill Industrial Park, the facilities' combined 160,000 sf is fully occupied by three tenants. Cronheim arranged the funding for owner Walsh Drive Associates.

PRINCETON, NJ-The long-struggling 175,000-sf retail component of the mixed-use Princeton Forrestal Village will be re-dubbed Rockingham Plaza and reintroduced with more personal and service businesses.

WEST WINDSOR, NJ-The troubled conglomerate, as part of its ongoing streamlining and reorganization, will combine two existing offices in a sublet at an SJP Properties building here.

EAST RUTHERFORD, NJ-The state, signaling its desire to exit the horse racing business, hopes to raise up to $300 million by selling or leasing the Meadowlands Racetrack and Monmouth Park.

PENNINGTON, NJ-Buyer MBHK picks up the two-building, 30,000-sf Pennington Point, which is tenanted mostly by small medical offices, financial services and law offices.

MT. LAUREL, NJ-Metro Commercial Real Estate is teaming up with the Baltimore-based Daniel Group to provide services to property owners looking to change directions with their shopping center assets.

MORRIS PLAINS, NJ-Most of that money will be spent at its consumer products campus here, but one of merger partner Pharmacia's major locations will go on the market and another could follow.