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WOODCLIFF LAKE, NJ-CB Richard Ellis’ Capital Markets Debt & Equity Finance group recently arranged a $20-million mortgage loan for an 118,092-square-foot, class A suburban office property located at 155 Tice Blvd. here. The building owner is Hartz Mountain Industries.

James Gunning of CBRE Capital Markets Debt & Equity Finance secured the financing on behalf of Ridge Associates II LP at a competitive interest rate for a seven-year term and 25-year amortization.

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