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NEWARK, NJ—The $122.8 million loan financing the Two Gateway office property in Newark has been sent to special servicing, according to Trepp.com, a service that monitors securitized mortgages, but the property’s owner, C&K Properties, says the move is a “necessary procedural step” for the property. C&K is coping with the departure of Prudential Financial following the completion of the financial services giant’s new office tower in Newark.

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