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HFF secures $10.5 million refinancing for New Jersey office buildings

FLORHAM PARK, NJ – HFF secured a $10.5 million refinancing from OceanFirst Bank for Lincoln Property Company's 180-188 Mt. Airy Road, a two-building office property totaling 104,202 square feet in Basking Ridge, New Jersey.

By Steve Lubetkin | Updated on July 29, 2014

FLORHAM PARK, NJ – HFF has secured a $10.5 million refinancing for 180-188 Mt. Airy Road, a two-building office property totaling 104,202 square feet in Basking Ridge, New Jersey.

Working on behalf of Lincoln Property Company, HFF placed the five-year, floating-rate loan with OceanFirst Bank.  Loan proceeds will be used to retire existing debt and return equity to the partnership.

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