HFF
M-M Properties Lands Refi Loan for Houston Tower
Designed by Phillip Johnson and John Burgee, the 56-story, 1.2 million-square-foot 700 Louisiana is currently 90 percent leased. HFF secured the loan on behalf of the borrower.
Starwood, Trinity, Vanderbilt Sell Big in NC
The JV purchased a seven-property portfolio completed in the 1990s and early 2000s which is currently about 91 percent leased to a STEM-heavy tenant roster. HFF marketed the offering on behalf of the seller and procured the buyer.
Faros Lands $128M for 2 Pittsburgh Office Assets
HFF secured a five-year, floating-rate loan through Wells Fargo. The financing will be used for Nova Place, a 1.3 million-square-foot development, and 106 Isabella, a nearby vacant building.
McKnight Realty Lands $42M in Pittsburgh Office Refi
HFF secured a first mortgage loan through Starwood Mortgage Capital and a mezzanine loan through Morrison Street Capital for a Class A office tower located in the city’s central business district.
Chicago Hyatt Centric Trades for $110M
Deka Immobilien purchased the hotel from Murphy Development Group. HFF represented the seller in the transaction for the 257-key asset.
Slate Buys $10M Atlanta Shopping Center
Duluth Station Shopping Center changed hands in a deal marketed by HFF. The property is located along Buford Highway, 27 miles from downtown Atlanta.
Downtown San Diego Tower Trades for $110M
Rockwood Capital is the new owner of 600 B St., a 24-story, 360,000-square-foot Class A office high-rise that covers one city block in the downtown area.
Suburban Philly MOB Campus Hits the Market
HFF is representing Franklin Realty Development in the sale of Norriton Medical Center, a four-building medical portfolio in East Norriton, Pa.
Carlyle Group Snags $85M for San Jose Campus
The company has secured the five-year, floating-rate loan to refinance 4300 and 4400 North First St., two Class A office buildings situated in the Innovation Triangle submarket of Silicon Valley.
Davis Cos. Buys 137 KSF MA Office Asset
KBS Realty Advisors sold the 137,000-square-foot property, which is located at 625 Mount Auburn St. in Cambridge, two miles west of Harvard Square and less than one mile from Mt. Auburn Hospital.