Rubenstein Partners Receives $28.5M Refinancing for Office Property in New Jersey

BASKING RIDGE, N.J. — Rubenstein Partners has received $28.5 million in refinancing for 211 Mount Airy Road, a 305,000-square-foot office property in Basking Ridge. Rubenstein Partners along with its partner, Onyx Equities, recently completed a redevelopment plan to improve and modernize the property. The partnership additionally signed a 61,676 square feet lease with Avaya Inc. The property features a full cafeteria, state-of-the-art fitness facilities and a 127-seat auditorium and conference center. Wells Fargo is providing the five-year loan facility.