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WEST ORANGE, N.J. — CB Richard Ellis Capital Markets (CBRE) has arranged a $3 million bridge loan for a medical office building located in West Orange. The property totals 39,131 square feet and is located at 475 Prospect Ave. At the time of closing, it was 50 percent leased to Omni Eye Specialists, PA for a 15-year term. The loan includes a 2-year term with interest-only payments and a note rate of 300 basis points over LIBOR. CBRE's James Gunning and Donna Falzarano secured the loan on behalf of the borrower, Prism Green Associates III. The lender was Peoples United Bank.