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An article from Pennsylvania newspaper Centre Daily Times recently reported that the Office Depot in State College, Pennsylvania will be closing.
The location backs the $2.4 million Office Depot-State College loan, which makes up 0.21% of the remaining collateral behind MSC 2007-T25. Office Depot is the sole tenant in the 32,150 square-foot property. The loan matures January 2017 and the Office Depot lease ends in March 2016.
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