{"id":1004166327,"date":"2017-02-10T01:59:39","date_gmt":"2017-02-10T09:59:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004166327"},"modified":"2022-12-07T11:05:10","modified_gmt":"2022-12-07T19:05:10","slug":"hff-arranges-46m-financing-for-philly-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-arranges-46m-financing-for-philly-office-campus\/","title":{"rendered":"HFF Arranges $46M Financing for Philly Office Campus"},"content":{"rendered":"<p><em>By Laura Calugar<\/em><\/p>\n<div id=\"attachment_1004166329\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/christiana-Executive-Campus-.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004166329\" data-attachment-id=\"1004166329\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-46m-financing-for-philly-office-campus\/christiana-executive-campus\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/christiana-Executive-Campus-.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"christiana Executive Campus\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/christiana-Executive-Campus-.jpg?w=640\" class=\"wp-image-1004166329 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/christiana-Executive-Campus-.jpg\" alt=\"The Christiana Executive Campus in Newark, Del. \" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/christiana-Executive-Campus-.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/christiana-Executive-Campus-.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004166329\" class=\"wp-caption-text\">The Christiana Executive Campus in Newark, Del.<\/p><\/div>\n<p><strong>Newark, Del.\u2014<\/strong>HFF recently secured\u00a0$46 million in acquisition financing for Christiana Executive Campus, a 450,000-square-foot suburban office park in the Wilmington suburb of Newark, Del. HFF worked on behalf of Delle Donne &amp; Associates Inc. to secure two separate long-term, fixed-rate loans. Atapco Properties was the seller of the six four-story buildings.<\/p>\n<p>Located at 111, 121, 131, 200, 220 and 240 Continental Drive, less than 1 mile from Interstate 95 and routes 7 and 1, the buildings are situated in Delaware\u2019s most retail-centric location. Moreover, the campus is less than 10 miles northwest of downtown Wilmington and 38 miles northeast of Center City Philadelphia.<\/p>\n<p>According to Yardi Matrix data, the park was built in several phases, starting from 1986. Christiana Executive Campus features an on-site cafe, 24-hour security, 1800 parking spaces and has been outfitted with energy efficient upgrades, including white reflective roofs and double glazed windows.<\/p>\n<p>\u201cThe sponsorship will immediately add value to the property after closing with the signing of two substantial leases. HFF is pleased to have worked on the acquisition financing for what will certainly be a very accretive portfolio of assets for Delle Donne &amp; Associates,\u201d said Ryan Ade, HFF\u2019s managing director, in prepared remarks.<\/p>\n<p>Recently, Ade\u2019s team secured a $13 million <a href=\"https:\/\/www.commercialsearch.com\/news\/hff-secures-13m-refi-for-delaware-office-building\/\" target=\"_blank\" rel=\"noopener\">refinancing<\/a> for a Class A office building in Wilmington, Del., also owned by Delle Donne &amp; Associates Inc.<\/p>\n<p><em>Image courtesy of Yardi Matrix <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delle Donne &amp; Associates acquired Christiana Executive Campus, a 450,000-square-foot office park in Delaware.<\/p>\n","protected":false},"author":238,"featured_media":1004166329,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21783,21742,10,21747,1494],"tags":[33908,33907,33872,32792],"class_list":["post-1004166327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-investment","category-latest","category-northeast","category-office","category-philadelphia","tag-atapco-properties","tag-christiana-executive-campus","tag-delle-donne-associates","tag-hff"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HFF Arranges $46M Financing for Philly Office Campus - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-46m-financing-for-philly-office-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Arranges $46M Financing for Philly Office Campus\" \/>\n<meta property=\"og:description\" content=\"Delle Donne &amp; Associates acquired Christiana Executive Campus, a 450,000-square-foot office park in Delaware.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-46m-financing-for-philly-office-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-10T09:59:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T19:05:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/christiana-Executive-Campus-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-46m-financing-for-philly-office-campus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-46m-financing-for-philly-office-campus\\\/\"},\"author\":{\"name\":\"Laura Valean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/2f8b737fce677cc406c08a2c29c1ff38\"},\"headline\":\"HFF Arranges $46M Financing for Philly Office Campus\",\"datePublished\":\"2017-02-10T09:59:39+00:00\",\"dateModified\":\"2022-12-07T19:05:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-46m-financing-for-philly-office-campus\\\/\"},\"wordCount\":243,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-46m-financing-for-philly-office-campus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/02\\\/christiana-Executive-Campus-.jpg\",\"keywords\":[\"Atapco Properties\",\"Christiana Executive Campus\",\"Delle Donne &amp; 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