PHILADELPHIA—However, that doesn't necessarily spell the end of Pep Boys' $835-million merger agreement with Bridgestone Retail Operations, first announced in October.

EAST BRUNSWICK, NJ—A well-known landmark just off Exit 9 of the New Jersey Turnpike, Two Tower Center, has been sold for $61.925 million. Cushman & Wakefield brokered the sale of the 405,600-square-foot class A office building for nearly $153 per square foot.