BASKING RIDGE, NJ—A partnership of New York City-based PAG Investments and CIG Properties of East Orange, NJ have acquired the two-building complex of 180-1888 Mount Airy Road here.
The deal for the 104,202-square-foot office complex was announced by JLL, which provided financing for the joint venture via a seven-year, fixed-rate acquisition loan through TD Bank. No further financial details of the transaction for the Somerset County office asset, including the value of the acquisition, were released.
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