CBRE ARRANGES $9.8 MILLION BRIDGE LOAN FOR OFFICE

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BRANCHBURG, N.J. — The Debt & Equity Finance Group of CB Richard Ellis (CBRE) has arranged a $9.8 million bridge loan for Branchburg Centre, a 91,719-square-foot office building located at 3040 Route 22 West in Branchburg. The two-story property is currently 85 percent occupied by a tenant roster that includes Hewlett Packard and Ortho Biotech. James Gunning and Donna Falzarano of CBRE secured the loan on behalf of Normandy Realty Partners through a New England-based commercial bank.

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