Leased to a major division of a Fortune 500 Company, this property was in functional default under the terms of its CMBS loan. Aware that this was a mission-critical location for the Company (In Place R&D was required for a significant DOJ contract), Mohr Capital put the property under contract and worked to avoid the original owner’s loan default. Because the tenant wanted locational security, Mohr Capital structured a new 15-year lease.