Cendant leases building as headquarters under 12-year lease
the six-building office campus is at 200 to 700 Lanidex Plaza Road.
Credit Lyonnais, Citibank provided short-term debt; TIAA-Cref, Phoenix Mutual and Nationwide Insurance are providing permanent financing, which will be placed by Credit Lyonnais. The property is fully leased to NY Life
The buildings (aka Maple Plaza I and II) sit on 20 acres in Mack-Cali Business Campus and are 93% leased.
The two adjoining buildings are net leased through 1/31/10 to Aventis
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