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Data Center Loan Takes Lead in New Bond Deal

Hartz Mountain Completes $100 Million Refinance of Equinix Complex in Secaucus, N.J.
The building at 755 Secaucus Road in Secaucus, New Jersey, is one of three properties backing a $100 million data center refinance. (CoStar)
The building at 755 Secaucus Road in Secaucus, New Jersey, is one of three properties backing a $100 million data center refinance. (CoStar)
CoStar News
October 14, 2019 | 8:41 P.M.

Illustrating the growth of demand for secure storage of information in a digital world, a portion of a $100 million loan on an Equinix-leased data center complex in Secaucus, New Jersey, will be the lead loan in an upcoming commercial mortgage-backed securities offering.

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