NEW YORK CITY-Westfield is stepping away from the redevelopment of retail facilities at the World Trade Center by signing an agreement to sell its interest in the retail net lease for $140 million to the site's owner, the Port Authority of New York and New Jersey.

ALLENTOWN, PA-Acquiring the single-story building at 7108 Daniels Dr. from Wallace Computer signals the company's growing stake in the Lehigh Valley. The price is undisclosed, however area brokers tell GlobeSt.com the market rate is about $40 per sf.

EDGEWATER, NJ-The units are situated within City Place, a 16-acre mixed-use project that encompasses 331 multifamily units and some 194,000 sf of retail space.