LEBANON, NJ-The Edison, NJ office of Holliday Fenoglio Fowler has arranged acquisition financing of $19.36 million, provided by CIBC Worldwide, for Illva Saronno Corp. for the purchase of 100 and 200 Corporate Drive here. The two class A assets, located within 78 Corporate Center, are being acquired from a partnership of UBS PaineWebber, Morgan Stanley and The Gale Co. No further details of the sale transaction were released.

HFF senior director Jon Mikula arranged the financing for 100 and 200 Corporate Drive, which total 92,925 sf and were completed in 1989 and 1991 respectively. The 200 building is fully leased to pharma giant Merck & Co.; the 100 building is more than 80% leased, with The BOC Group, a UK-based provider of industrial gas products and services, as the lead tenant.

The Somerset, NJ-based Illva Saronno, with a portfolio of about a half-million sf of office space, mostly in New Jersey, is the real estate arm of the Reina family. The latter is the major stockholder in Illva Saronno of Saronno, Italy, which makes such liqueurs as Amaretto. Its latest real estate acquisition is located on 50 acres just off I-78 in Hunterdon County in Central New Jersey.

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