Mobius acquired a four-building office portfolio in New Jersey for $31.4m. The deal includes Marlton Executive Park I and II in Marlton and Horizon Corporate Center, located four miles away, in Mount Laurel. The properties are 94 percent leased to tenants like Liberty Mutual, TD Bank, Virtua and GSA. Holliday Fenoglio Fowler represented the seller, Somerset Properties, and arranged a $24.275m 10-year, fixed-rate acquisition loan through Wells Fargo Bank on behalf of the buyer.
