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July 20, 2018  

Starwood Finances Pa. Complex

Starwood Mortgage has originated a $90 million fixed-rate loan on an office complex near Pittsburgh.The 486,000-square-foot Zenith Ridge Corporate Campus, in Canonsburg, Pa., is owned by a partnership that includes Burns Scalo Real Estate of Pittsburgh. HFF advised the borrower on the 10-year loan, which closed on July 13. Starwood plans to securitize it.Burns Scalo developed, leased and manages the three-building office campus, at 2400 Ansys...

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