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ALLENDALE, N.J. — In a joint venture, Loeb Partners Realty and Red Pine Capital Partners have purchased 75 Commerce Dr., an industrial facility in Allendale for $15.85 million. The 114,206-square-foot flex property includes 90,22 square feet of office and lab space and 23,984 square feet of warehouse space. At the time of sale, the property was leased to two tenants: Aptuit, a pharmaceutical company; and Energizer Holdings' Playtex Division, a personal care products company. Andrew Merin, David Bernhaut, Gary Gabriel, Jared Zimmel, Frank Caccavo, Jason Goldman, Marc Petrella and Andrew Siemsen of Cushman & Wakefield represented the seller in the transaction.