Quarterly report pursuant to Section 13 or 15(d)

Mortgages, Loans Payable And Other Obligations (Tables)

v2.4.0.6
Mortgages, Loans Payable And Other Obligations (Tables)
3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Summary Of Mortgages, Loans Payable And Other Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective

 

 

 

March 31,

 

December 31,

 

 

Property Name

Lender

 

Rate (a)

 

 

 

2013 

 

2012 

 

Maturity

9200 Edmonston Road

Principal Commercial Funding L.L.C.

 

5.534 

%

 

$

4,258 

$

4,305 

 

05/01/13

Port Imperial South

Wells Fargo Bank N.A.

LIBOR+2.75

%

 

 

42,474 

 

42,168 

 

06/24/13

Port Imperial South 4/5

Wells Fargo Bank N.A.

LIBOR+3.50

%

 

 

35,947 

 

34,889 

 

09/30/13

6305 Ivy Lane

RGA Reinsurance Company

 

5.525 

%

 

 

5,939 

 

5,984 

 

01/01/14

395 West Passaic

State Farm Life Insurance Co.

 

6.004 

%

 

 

10,131 

 

10,231 

 

05/01/14

6301 Ivy Lane

RGA Reinsurance Company

 

5.520 

%

 

 

5,628 

 

5,667 

 

07/01/14

35 Waterview Boulevard

Wachovia CMBS

 

6.348 

%

 

 

18,662 

 

18,746 

 

08/11/14

6 Becker, 85 Livingston,

Wachovia CMBS

 

10.220 

%

 

 

63,392 

 

63,126 

 

08/11/14

75 Livingston &

 

 

 

 

 

 

 

 

 

 

 

20 Waterview

 

 

 

 

 

 

 

 

 

 

 

4 Sylvan

Wachovia CMBS

 

10.190 

%

 

 

14,498 

 

14,485 

 

08/11/14

10 Independence

Wachovia CMBS

 

12.440 

%

 

 

16,343 

 

16,251 

 

08/11/14

4 Becker

Wachovia CMBS

 

9.550 

%

 

 

38,393 

 

38,274 

 

05/11/16

5 Becker

Wachovia CMBS

 

12.830 

%

 

 

12,623 

 

12,507 

 

05/11/16

210 Clay

Wachovia CMBS

 

13.420 

%

 

 

12,392 

 

12,275 

 

05/11/16

51 Imclone

Wachovia CMBS

 

8.390 

%

 

 

3,876 

 

3,878 

 

05/11/16

Various (b)

Prudential Insurance

 

6.332 

%

 

 

148,840 

 

149,281 

 

01/15/17

23 Main Street

JPMorgan CMBS

 

5.587 

%

 

 

30,289 

 

30,395 

 

09/01/18

Harborside Plaza 5

The Northwestern Mutual Life

 

6.842 

%

 

 

227,666 

 

228,481 

 

11/01/18

 

Insurance Co. & New York Life

 

 

 

 

 

 

 

 

 

 

 

Insurance Co.

 

 

 

 

 

 

 

 

 

 

223 Canoe Brook Road

The Provident Bank

 

4.375 

%

 

 

3,928 

 

3,945 

 

02/01/19

100 Walnut Avenue

Guardian Life Insurance Co.

 

7.311 

%

 

 

18,968 

 

19,025 

 

02/01/19

One River Center (c)

Guardian Life Insurance Co.

 

7.311 

%

 

 

43,453 

 

43,582 

 

02/01/19

 

 

 

 

 

 

 

 

 

 

 

 

Total mortgages, loans payable and other obligations

 

 

 

 

$

757,700 

$

757,495 

 

 

(a)

Reflects effective rate of debt, including deferred financing costs, comprised of the cost of terminated treasury lock agreements (if any), debt initiation costs, mark-to-market adjustment of acquired debt and other transaction costs, as applicable.

(b)

Mortgage is collateralized by seven properties. The Operating Partnership has agreed, subject to certain conditions, to guarantee repayment of a portion of the loan. 

(c)

Mortgage is collateralized by the three properties comprising One River Center