TRENTON-The governor has proposed a 10% across-the-board income tax cut as part of his $32.1-billion budget. Democrats contend that property tax cuts would be a better boost for the middle and working class.

WOODBRIDGE, NJ-The nonperforming portfolio previously held by Investors Bank consisted of 26 loans around New Jersey.

PARAMUS, NJ-The properties, all located on Route 17, consist of big-box retail, with one location including office space.

BETHLEHEM, PA-The 1.2-million-square-foot development, part of Lehigh Valley Industrial Park VII, will cater to big-box users.

FRANKLIN TOWNSHIP, NJ-Despite cutting the number of fixtures by more than 30%, SHI's new headquarters is seeing better light while saving money, says designer Cornerstone Architectural Group.

WEEHAWKEN, NJ-The $12.5-million transaction on the Simone was originated by Meridian Capital.

EDISON, NJ-Medical and pharmaceutical service providers dominated leases in the Northern and Central portions of the state, CEO Mitchell Hersh says.

NEWARK-Fidelco Realty Group’s plans call for the gutting and rebuilding of seven buildings along Market Street into residential, retail and restaurants close to the Prudential Center.

HANOVER, PA-The new space will be 30,000 square feet larger than the original anchor building, says mall owner Pennsylvania Real Estate Investment Trust.

PASSAIC, NJ-The 32-unit building was sold for $3 million in 1031 exchange, says CBRE’s Private Capital Group.

JERSEY CITY-The waterfront building, acquired by CBRE Realty Trust in the largest per-square-foot sale in state history, has a 159,000-square-foot block on three floors available.

SADDLE BROOK, NJ-Office tenants continue to flock to class A space, says CBRE's Fourth Quarter 2011 New Jersey Office MarketView.

JERSEY CITY-The waterfront building, acquired by CBRE Realty Trust in the largest per-square-foot sale in state history, has a 159,000-square-foot block on three floors available.

NEWARK-Govs. Christie and Florio joined Mayor Cory Booker, Goldman Sachs chairman and CEO Lloyd Blankfein, and other officials to begin construction on the $120-million residential/education/retail complex in downtown.

EDISON, NJ-Its 2,500-unit rental development in Jersey City could “be 20% of what the company is today,” says CEO Mitchell Hersh, during a company earnings call.

NORTH BRUNSWICK, NJ-The company has signed a deal for a 32,000-square-foot research and development facility at NJEDA’s Technology Centre of New Jersey.

PHILADELPHIA – Industry veteran Joseph Fetterman has joined the firm as executive vice president of strategic initiatives to grow the firm’s services in Eastern Pennsylvania and Delaware.

HASBROUCK HEIGHTS, NJ-With net absorption on the rise in Northern and Central New Jersey, rents are beginning to edge up, and spec development has started, says Jones Lang LaSalle’s fourth-quarter Market Snapshot.

HOBOKEN, NJ-The learning and publishing company will move its New Jersey employees from Upper Saddle River and Old Tappan to the upcoming Waterfront Corporate Center III.

SADDLE BROOK, NJ-A rise in leasing and absorption indicates that rents may start to rise soon, says CBRE New Jersey’s Fourth Quarter MarketView Report.