LAKEWOOD, NJ—Community Investment Strategies, Inc., an award-winning affordable housing developer, is one step closer to assisting Lakewood in the redevelopment of its former public housing project known as JFK Apartments, an aging apartment complex, with the awarding of $4 million in state tax credits.

LAWRENCEVILLE, NJ—A pharmaceutical samples management firm, a law firm, and a financial services firm have leased space totaling nearly 57,000 square feet at Princeton Pike Corporate Center in Lawrenceville, acquired in 2013 by Prism Capital Partners, LLC with Angelo, Gordon & Co.

MT. LAUREL, NJ—Belgium food manufacturer Puratos Corporation has bought a 57,750-square-foot industrial building at 1705 Suckle Highway in Pennsauken, NJ. NAI Mertz represented Puratos, and Whitesell Construction, the owner of the facility, represented themselves in the transaction.

MECHANICSBURG, PA—Woodmont Industrial Partners has sold 34 Dauphin Drive, which it acquired two years ago, to Exeter Property Group for $8 million.

LIVINGSTON, NJ—Transaction activity in Essex County, N.J.'s multifamily investment market continues to accelerate, with the recent sale of a $3.77 million asset in Belleville arranged by Gebroe-Hammer Associates.

PITTSTOWN, HAZLETON, and JESSUP, PA—KBS Real Estate Investment Trust II, a non-traded real estate investment trust based in Newport Beach, CA, has sold I-81 Industrial Portfolioin eastern Pennsylvania to Chambers Street Properties, a Princeton, NJ REIT focused on acquiring, owning and operating net leased industrial and office properties.

SHORT HILLS, NJ—Investors Bank's Commercial Real Estate Lending Group is moving strongly in its efforts to finance commercial projects. The bank recently completed more than $200 million worth of financing transactions, including a large industrial building in Fairfield, NJ and multifamily projects with more than 1,100 units from Dutchess County, NY to Wilmington, DE.

AVENEL, NJ— A joint venture of Ivy Equities and CenterSquare Investment Management has sold its 317,500-square-foot manufacturing and warehouse building at 11 Cragwood Road for $25.2 million to CenterPoint Properties. Cushman & Wakefield's Metropolitan Area Capital Markets Group orchestrated the transaction.