After a former bank was reincarnated as multiple failed restaurants, Bielat Santore & Co. recently sold the Asbury Park, NJ-based property to Sackman Enterprises. The deal will convert the property into an office or mixed-use space in Asbury Park's commercial district.
Despite the COVID-19 outbreak hitting the New Jersey tristate particularly hard, Allenhurst, NJ-based Bielat Santore said this latest deal is its third transaction during the pandemic.
Earlier this month, Bielat Santor announced it sold Frank & Teddy's Tavern in Monmouth County, New Jersey, as an investment property to an unnamed contractor. In May, Bielat Santor also announced it assisted Chefs International in acquiring Point Pleasant Beach, New Jersey's Rod Olde Irish Tavern.
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Victoria Hudgins
I am a reporter for Legaltech News where I cover data privacy, cybersecurity and technology's impact on the business and practice of law.
