Edison-based Bussel Realty Corp. announced the sale of a 117,000-square-foot industrial facility located at 3 Smalley Ave.

The summer rental business is crucial to the state's economy and if the tax reduces tourism, a swath of business could be hurt. So, the Legislature has begun the process of amending the law to balance the interests of different constituencies while remaining consistent with constitutional requirements and federal law. That’s a difficult job, and with the summer season fast approaching it’s unclear whether lawmakers can enact the fixes in time to beat the heat.

The leases comprise a total of 17,600 rentable-square-feet and take the building to 100 percent occupancy.

Holliday Fenoglio Fowler LP has closed the sale of the 0.626-acre site at 175 Sip Ave.

Located on 6.5 acres, the 89,000-square-foot building at 201 Littleton Road has 55,790 square feet of available space, with units starting at 2,000 square feet.

Real estate veteran Peter Reinhart will serve as EVP for the retail real estate brokerage’s new Mixed Use & Land Division.

The auction will take place from May 13-15 on Ten-X. Tours of the property are available through April 24.

NAI James E. Hanson announced it has been named the exclusive leasing agent for 370,000-square-foot, seven-building flex/industrial park in Allendale.

The oceanfront property earned this year’s Top Industry Award in the Low Rise Category which recognizes concrete projects at the forefront of innovation and technology.

Chief Executive Officer Michael DeMarco's letter states the Mack-Cali board continues to have serious concerns regarding Bow Street's proposal - which was previously rejected - describing it as unworkable, inadequate regarding valuation, and not in the best interests of the company's stockholders.