DANBURY, CONN. — Meridian Capital Group has arranged an $85 million loan for the refinancing of Matrix Corporate Center, a 1.1 million-square-foot office property in Danbury. Tal Bar-Or and Michael Ottomanelli of Meridian Capital Group arranged the CMBS loan on behalf of Matrix Realty Group. The five-year loan features a fixed interest rate of 4.6 percent. The Matrix Corporate Center is the largest office building in Danbury, accounting for 30 percent of total Class A office space in that market, according to New York City-based Meridian. Constructed in 1981, the property underwent a more than $10 million renovation in 2012 resulting in upgraded common areas and new façade. Tenants at the building, which is located at 39 Old Ridgebury Road, include General Motors, Boehringer Ingelheim and Praxair Inc.
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