Member News

Pennsylvania Office Depot to Close

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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