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Park 80 West Secures Long-Term Financing and Fresh Start

SADDLE BROOK, NJ-After a troubled past, L & L Holding Co. has completed financial restructuring for its Park 80 West office complex in the Bergen submarket.

By Antoinette Martin | Updated on April 08, 2012

SADDLE BROOK, NJ–L & L Holding Co. has completed financial restructuring for its Park 80 West office complex in Saddle Brook. Pearlmark Real Estate Partners (formerly Transwestern Investment Co.) has made a “sizeable investment” to help stabilize the building finances, according to L & L.

In addition, CBRE, which maintains an office at Park 80 West, will assist in securing new tenants for available space at the 550,000-square-foot complex. L&L Holding Co. will continue to serve as owner/operator.

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