CRANFORD, NJ-While some other companies had been considered the "best bet" to be the next REIT added to the prestigious mid-size company index, the developer/owner's finances apparently continue to impress.

BRIDGEWATER, NJ-The two-story Bridgewater Corporate Center, currently vacant, is being marketed by National Business Parks for owner Lawrence Zirinsky Associates. NBP also carried out the building's overhaul.

PERTH AMBOY, NJ-The groundbreaking for the $20-million redevelopment project was also an occasion to announce that an apparel company will take more than half of the projected build-out space.

ENGLEWOOD, NJ-Real Estate Equities Group bought the 35-unit building from a local investment group. Financing for the transaction was arranged by East Hill Realty Advisors.

ROCKAWAY TWP., NJ-National Realty & Development's Rockaway Center, expected to be delivered by mid-2004, will be anchored by Wal-Mart, Bed Bath & Beyond and Modell's.

MORRISTOWN, NJ-While the sale price of the three-story former JCP&L headquarters building was not disclosed, observers say it was on the market for something on the order of $6 million.

MARLBORO, NJ-Century 21 Construction, which recently finished building the 153,000-sf home improvement store on the 24-acre tract, is the beneficiary of the loan.

CARLSTADT, NJ-The buyer, Orix Real Estate Equities, picks up a piece of land that already has site plan approvals for up to 368,112 sf of warehouse/distribution space. The sale price was not disclosed.