SOMERSET, NJ-Friendwell Property Investment picked up the class A asset, which is 65% occupied.

VOORHEES, NJ-While most builders are optimistic, there are some fundamental problems that still need to be resolved before projects can move forward.

SOUTH HACKENSACK, NJ-Danzian Fabrics and Dora’s Naturals both took space at two separate properties here.

SECAUCUS, NJ-The 10-year loan with New York Life is for the first two phases of the mixed-use project here.

IRVINGTON, NJ-The 160,000-square-foot retail center was snapped up $4.25 million.

JERSEY CITY-The deals, which exceed $6.3 million, demonstrate that demand remains strong for properties in Jersey City and Bayonne.

MONMOUTH JUNCTION, NJ-The special servicer disposed of the office building to a private investor, who acquired the property below replacement cost.

PHILADELPHIA-It is expected that the duo will also purchase two additional assets for a total value upward of $200 million.