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  • Class A office building
  • 45.4% occupied at closing
  • Property will be 100% vacant 10 months after closing
  • Significant TI/LC facility needed to attract new tenants and lease property up to stabilization
  • Structured future facility to allow for generous TI package
  • Property is located within walking distance of new commuter rail line scheduled to open soon
  • Floor plates are flexible which will allow sponsor to target single-tenant users as well as smaller, multi-tenants
  • Non-recourse
  • 5-year term plus extensions