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PARSIPPANY, N.J. — Univest Bank & Trust Co. has provided a $19.6 million construction loan for an industrial conversion project in the Northern New Jersey community of Parsippany. The project will convert the 156,000-square-foot, vacant office building at 7 Campus Drive into a 128,150-square-foot industrial facility with a clear height of 36 feet, 23 dock doors, two drive-in doors and103 car parking spaces. John Alascio, Chuck Kohaut, T.J. Sullivan and Mary Shin of Cushman & Wakefield arranged the debt. The borrower is a partnership between Saxum Real Estate and Penwood Real Estate Investment Management.