After a former bank was reincarnated as multiple failedrestaurants, Bielat Santore & Co. recently sold the Asbury Park, NJ-based propertyto Sackman Enterprises. The deal will convert the property into anoffice or mixed-use space in Asbury Park's commercialdistrict.
Despite the COVID-19 outbreak hitting the New Jersey tristateparticularly hard, Allenhurst, NJ-based Bielat Santore said thislatest 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 investmentproperty to an unnamed contractor. In May, Bielat Santor alsoannounced it assisted Chefs International in acquiringPoint 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.
