Trouble Comes to New Jersey Office Parks: A $129 million loan on the Princeton Pike Corporate Center, an eight-office building complex in Lawrenceville, New Jersey, has moved into special servicing, CoStar commercial mortgage-backed securities data shows. The loan was transferred due to imminent default, according to the special servicer, C-III Asset Management.
Trouble Comes to New Jersey Office Parks, New York Building Hurt by Falling Occupancy, Office Loan Volume Extends Slide
A Weekly Look at the Commercial Mortgage-Backed Securities Business
CoStar News
March 28, 2024 | 2:00 P.M.
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IN THIS ARTICLE
- Properties
- Princeton Pike Two
993 Lenox Dr, Lawrenceville, NJ
- Bldg. 2
200 Charles Ewing Blvd, Ewing, NJ
- Princeton South Corporate Center
100 Princeton South Corporate Ctr, Ewing, NJ
- American Express Building
65 Broadway, New York, NY
- Companies
- The Chetrit Group
Real Estate