RED BANK, NJ-Kevork Hovnanian's gift will be given in the name of his 15-year-old grandson, who was killed in a recent boating accident. The beneficiary is this city's Riverview Medical Center.

LYNDHURST, NJ-The distribution center, which totals more than 143,500 sf, is located in the Meadowlands submarket, one of the state's strongest. The sale price adds up to just over $58.50 per sf.

UNION, NJ-The electronics chain's store here is one of seven (out of 14) that will remain open in the Garden State after parent Cablevision completes its shutdown of 26 of the 43 remaining stores.

NEWARK, NJ-The transaction, which came together in two phases, is secured by 6.3 million sf of distribution space, covering 29 properties in 13 states. Tenants in the various properties include Unilever and Barnes & Noble.

OCEANPORT, NJ-This community will use a $1.15 million state grant to help buy the tract, part of Monmouth Park's holdings, and turn it into public recreational fields.

EDISON, NJ-The information technology company, based in California, will relocate its New Jersey office here after a transaction arranged by Grubb & Ellis. Federal Business Centers owns the property.

NORTH HALEDON, NJ-The union's benefit plan will relocate to the four-story asset, acquired from a local firm, and will consolidate its operations from two other locations.

KEARNY, NJ-The facility, which will be finished in a little more than a year, is being positioned for port-related businesses and metro area distribution operations.