MPG Office Trust Disposes of Non-Core Asset in Orange County

MPG Office Trust, Inc. MPG, a Southern California-focused real estate investment trust, today announced that it has disposed of City Tower in Orange County, California in cooperation with the special servicer on the mortgage loan. In conjunction with the disposition we were relieved of the obligation to repay the $140.0 million mortgage loan secured by the property as well as contractual and default interest.
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