FRANKLIN TWP., NJ-he 16,400-sf professional building, which is leased primarily to medical tenants, was sold for about $122 per sf. Neither the buyer nor seller were named.

TEANECK, NJ-David T. Houston, Jr., president of Colliers Houston, says that the lack of overbuilding in the last decade will play well in the softening economy.

FRANKLIN TWP., NJ-The 16,400-sf professional building, which is leased primarily to medical tenants, was sold for about $122 per sf. Neither the buyer nor seller were named.

NEW BRUNSWICK, NJ-The 18,000-sf flex/warehouse facility, located in the company's BrunsWick Industrial Center, is expected to be ready by early next spring.

NEWARK-The acting governor has signed a bill requiring casino owners to contribute at least $20 million to urban redevelopment in cities outside of Atlantic City.

RANDOLPH, NJ-The asset is currently under construction for sole use by the Graebel Cos., the Colorado-based moving company, as a warehouse.

BAYONNE, NJ-The redevelopment of the closed Military Ocean Terminal, pegged at $32 billion, will move into high gear after the Local Redevelopment Agency's plan earns plaudits.

BERNARDSVILLE, NJ-Larson arranges the two packages for garden-style apartment complexes in Central New Jersey and eastern Pennsylvania.