The initial loan funding provided a portion of the acquisition cost, enabling the borrower, an affiliate of Argent Ventures, to acquire the property from Honeywell International.

The 12,790-square-foot two-story house of worship can accommodate up to 400 people in the main sanctuary and balcony. The lower level contains meeting rooms, offices and a full industrial kitchen.

The space includes private units, working fireplaces, conference rooms equipped with skylights, custom shelving, a full law library, working kitchen and numerous other amenities.

The property was sold for $4.65 million and will include multiple tenants. Currently, the location is fully leased and features two large recessed loading docks and approximately 200-feet of frontage along the Interstate 28 corridor.

This extremely well-maintained 32,000-square-foot property consists of executive suites and warehouse space which will serve as storage, workshop and office space for the electric utilities generation unit.

The acquisition is comprised of a mix of distribution buildings and multitenant infill light-industrial properties, which remain a central focus of the Clifton-based company's investment strategy moving into 2021.

The 200-home luxury apartment community was purchased by Pacific Urban Residential which will continue to focus on enhancements to the unit finishes, common areas and outdoor space.

The importer and wholesaler of artificial Christmas trees, wreaths and garlands will consolidate its three smaller New Jersey warehouse locations into one.

Recent trends in the real estate market are favoring locations like Long Branch, and with more than 80 percent of the units now sold, prospective buyers still have a variety of floorplans and locations to choose from.

The Class A property is a three-story, recently updated building containing over 111,500 square feet of multi-tenanted office space. Current tenants include both office and medical users alike, including RJW Barnabas Health.

The Old Bridge-based brokerage completed deals for Family Dollar, European Wax Center and a local furniture retailer.

The 200,000-square-foot asset is 95% occupied with long-term credit leases in-place.