MONTVILLE, NJ-The private fund manager picks up the fully leased asset for $7.4 million on behalf of its Hampshire Partners Fund VI. Phoenix Marketing is the tenant through 2008.

TOTOWA, NJ-The 225,654-sf flex building is on a 16.3-acres site here. The site is fully leased. In a separate transaction, a Morristown office is refinanced to the tune of $9.7 million.

LOGAN TWP., NJ-The new owner will spend $200 million to build out the Northeast Business Center, which will be renamed to carry its LogistiCenter brand. The park's existing two million sf of W/D space will grow to a total of 5.5 million sf.

LOGAN TWP., NJ-The new owner will spend $200 million to build out the Northeast Business Center, which will be renamed to carry its LogistiCenter brand. The park's existing two million sf of W/D space will grow to a total of 5.5 million sf.

GLOUCESTER, NJ-The 108,562-sf Gloucester Town Center, anchored by a 57,560-sf Acme supermarket, trades for $207 per sf. Anchored by Acme Markets, its tenant roster also includes Blockbuster Video, Columbia Bank, Hallmark, AT&T Wireless, Subway, H&R Block and Super Cuts.

GLOUCESTER, NJ-The 108,562-sf Gloucester Town Center, anchored by a 57,560-sf Acme supermarket, trades for $207 per sf. Anchored by Acme Markets, its tenant roster also includes Blockbuster Video, Columbia Bank, Hallmark, AT&T Wireless, Subway, H&R Block and Super Cuts.

PARSIPPANY, NJ-The bank opens its first branch in the state and plans to add six to eight more by the end of the year. Besides branches, the move also has implications for the lending side of the business.

PARSIPPANY, NJ-The bank opens its first branch in the state and plans to add six to eight more by the end of the year. Besides branches, the move also has implications for the lending side of the business.