City: Bridgewater
Bank of Texas Leads $125Mln Loan Against Bridgewater, N.J., Office Complex
Commercial Real Estate Direct Staff Report A group of lenders led by Bank of Texas has provided $125 million of financing against the 736,572-square-foot office complex at 55 Corporate Drive in Bridgewater, N.J. The interest-only loan has a five-year term ...
77 Corporate Drive
59 percent leased. Bridge Investment Group has provided a $28.8 million mortgage to help fund Legacy's purchase. Phillips Realty Capital arranged the loan for Legacy Investing, which is led by Jay Rappaport, former chief operating officer of AOL Inc.
New Jersey Center of Excellence
Thor secured a $91 million mortgage from Citigroup to help fund the acquisition. The loan will be securitized in an upcoming CMBS deal. NKF Capital Markets arranged the financing.
CenterPointe at Bridgewater
89 percent occupied.
CenterPointe at Bridgewater
54 percent leased.
55 Corporate Drive
When Inland bought the property, it had assumed $190 million of debt that was securitized through Greenwich Capital Commercial Funding Corp., 2006-GG7. The loan requires only interest payments through its term, which ends in 2015, and carries a rate of ...
55 Corporate Drive
49.75% Stake Purchased
55 Corporate Drive
Property consists of 3 buildings. AT&T is the sole tenant.
Bridgewater Crossing
Hines built the complex in 2002; 70% leased on a long-term basis to Aventis Pharmaceuticals
Bridgewater Promenade
Deal gives NY Common Fund a 45% interest in property, which contains 624,389 sf ???? 234,000 sf of which is non-anchor space. Kimco developed property in 1999.
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