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89 percent leased.
96 percent occupied. The deal includes the assumption of $33 million of debt that's securitized through FREMF, 2011-K10. The debt has a 4.62 percent coupon and matures in 2020.
The buyer assumed a $29.9 million Freddie Mac loan against the suburban Chicago property and obtained another $5.3 million of debt against it.
The seller took the property after foreclosing on a $20.6 million loan provided to its previous owner.
79 percent occupied. The property was appraised at a value of $10.4 million in July 2010 and sold for $24.5 million in 2001. Wells Fargo Bank sold the building to Marc Realty after having foreclosed on a $15.2 million loan ...
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