CRANFORD, NJ-Because of its proximity to Manhattan and the way the facility lays out, the firm is positioning as a potential disaster recovery center.

PARSIPPANY, NJ-The Cendant subsidiary will operate its latest acquisition under the banner of one of its ERA residential brokerage franchise affiliations.

HAMILTON TWP., NJ-PREI will turn the abandoned 112-acre American Standard site into 472,000 sf of office space and subdivide the remaining tract for other uses.

JERSEY CITY, NJ-To be called the Grand View, the upscale 40-unit community will rise on the last undeveloped piece of the former Colgate-Palmolive tract.

BRIDGEWATER, NJ-Dr. Reddy's Laboratories will take a total of just under 17,000 sf at SJP Properties' Somerset Corporate Center.

AVENEL, NJ-The delivery service's ground packaging systems operation will move into a building owned by a local group in the wake of a transaction arranged by CB Richard Ellis.

LAWRENCEVILLE, NJ-The four separate transactions, involving properties in Mercer and Burlington counties, were arranged for the sellers by Buschman Partners.

SECAUCUS, NJ-The deal, which brings Wal-Mart to the very shadows of Manhattan, is part of the developer's apparent effort to beef up Harmon Meadow's retail component, which will face stiffer competition in the years ahead.