Heartline's office and retail unit sold to Intercontinental Real Estate Corporation on behalf of its managed fund, US Real Estate Investment Fund LLC; the seller was Security Properties Development Co.

The wholesale club is now the anchor tenant of the major mixed-use development at Bayonne's Military Ocean Terminal.

Interest rates are the lowest they have been in more than a year, and buyers are taking advantage of the opportunity.

Mid-States Distributing Company Inc. will relocate its corporate headquarters from Minneapolis to the Mercantile Center, in a building that is formerly the home of the American Paint Horse Association.