CHATHAM TWP., NJ-The Darcy School, a private elementary institution, will convert the business complex into a permanent educational campus. The seller was Deer Park LLC.

CLIFTON, NJ-But the seller, a paper recycling company currently operating under Chapter 11, is looking for something better than the current $3.5-million offer and has hired Keen Realty to continue shopping it around.

TOMS RIVER, NJ-The Paradise Club Apartments sell for an undisclosed price. Neither the buyer nor the seller was identified.

NEWARK, NJ-Heritage Management puts the long-vacant 200,000-sf building back on the market in an effort that has already snared two national tenants.

LINWOOD, NJ-The funding fast-forwards work on Cornerstone Commerce Center, a 230,000-sf mixed-use redevelopment project here. The project, a former Prudential site, is being done by an affiliate of Karman Development Group.

MORRISTOWN, NJ-The now-former executive director/CFO of MS' US real estate investing business will be responsible for Normandy's acquisitions and debt capital market relationships, among other things.

SECAUCUS, NJ-The nation's key industrial markets are healthy, relatively tight (with some exceptions), but there are some possible "issues," according to panelists of RealShare Industrial East's Town Meeting.

SECAUCUS, NJ-The nation's key industrial markets are healthy, relatively tight (with some exceptions), but there are some possible "issues," according to panelists of RealShare Industrial East's Town Meeting.