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FLORHAM PARK, NJ-Aurora Loan Services Inc. has signed a lease for 45,809 sf of office space at Advance Realty Group’s Park Place office campus. The Aurora, CO-based company, a subsidiary of Lehman Brothers, is moving its regional executive and administrative offices here from Branchburg.

Robert R. Martie, SVP and regional managing director for the Bedminster-based Advance Realty, along with Patrick Luzzi, the firm’s vice president of leasing, served as in-house reps in the transaction. The outside rep was Jeff Heller, senior director for Cushman & Wakefield of NJ, East Rutherford, who is the exclusive leasing agent for the Park Place campus.

Aurora Loan Services was represented by Bob Alexander, Michael Geoghegan, Carl Erkisen, Craig Eisenhardt and Andrew Sussman of CB Richard Ellis. Terms of the transaction were not disclosed. Martie says. “It met all of Aurora’s space requirements.”

Aurora’s new home is 230 Park Ave., a 164,000-sf, three-story building that comes with a fitness center, cafeteria and covered parking. The building is part of the larger Park Place, which consists of four, three-story class A buildings with a total of close to 350,000 sf of space, according to Martie.

The Aurora signing is the latest in a series of major deals Advance has done at the renovated Park Place campus. Last year, as reported by GlobeSt.com, Altana Pharmaceuticals doubled its space to a total of almost 110,000 sf, making it the single largest tenant at the complex. Also last year, Global Crossing took almost 54,000 sf.

And earlier this year, Whatman Inc. took 26,000 sf for its global operational headquarters. The separations technology company has its executive headquarters in the UK. As for as the newest tenant, Aurora Loan Services is a mortgage banking firm that primarily originates and services first- and second-lien residential loans.

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