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CB Richard Ellis Capital Markets announced that senior director James Gunning and vice president Donna Falzarano of CB Richard Ellis Debt & Equity Finance arranged a $5 million permanent-debt loan for The Stro Companies' newly constructed 50,000 s/f flex building located at 60 Owens Drive in Wayne, NJ
Real Estate Weekly, Sept 5, 2007
CB Richard Ellis Capital Markets announced that senior director James Gunning and vice president Donna Falzarano of CB Richard Ellis Debt & Equity Finance arranged a $5 million permanent-debt loan for The Stro Companies' newly constructed 50,000 s/f flex building located at 60 Owens Drive in Wayne, NJ.
Aegon USA Realty Advisors provided the funding. The 22-year self-liquidating mortgage was financed at a rate of 6.30%.
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