RICHMOND—Landmark Apartment Trust is merging with Monument REIT later this month, becoming yet another REIT to be taken private.

PARSIPPANY, NJ—Hudson News Distributors, the world's largest operator of newsstand concessions in major airports and transit facilities, has acquired 701-705 Jefferson Road, an industrial facility in Parsippany, after leasing the property for about 18 months. NAI Hanson's Scott Perkins says Hudson thought it was only a temporary move, but decided to stay in the property permanently.

NEW YORK CITY—SelectLeaders' latest Real Estate Hiring Trends Survey finds many respondents wanting to make hay while the sun shines amid uncertainty and volatility in the marketplace.