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New York Life Insurance Co. provided a $46 million loan to the buyer.
Pillar at SanTan, previously known as Ironwood at SanTan, serves as collateral for a $29.62 million loan that's securitized through FREMF, 2013-K712. The seven-year loan matures in September and carries a fixed rate of 3.478 percent.
97 percent leased.
97 percent leased.
The buyer has assumed a $40.48 million loan against the property that was provided by New York Life Insurance Co.
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