{"id":1004167092,"date":"2017-02-21T02:24:18","date_gmt":"2017-02-21T10:24:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004167092"},"modified":"2022-12-08T16:56:36","modified_gmt":"2022-12-09T00:56:36","slug":"hff-secures-65m-loan-for-west-houston-office-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-secures-65m-loan-for-west-houston-office-asset\/","title":{"rendered":"HFF Secures $65M Loan for West Houston Office Asset"},"content":{"rendered":"

By Anca Gagiuc<\/em><\/p>\n

\"The<\/a>

The Plaza at Enclave, Houston, Texas<\/p><\/div>\n

Houston<\/strong>\u2014HFF announced it has arranged financing for The Plaza at Enclave, a 344,296-square-foot office building located in Houston\u2019s Energy Corridor. According to Yardi Matrix data, the borrower is Azrieli Group of Tel Aviv, Israel and the loan amount equals $64.8 million.\u00a0HFF worked on behalf of the borrower to secure a 15-year, fixed-rate loan through Allianz Real Estate of America.<\/p>\n

The six-story, Class A asset was built in 2007 at 1254 Enclave Parkway. The LEED Gold-certified property features a health club, fitness center, caf\u00e9 with indoor and outdoor dining, a courtyard and entrance plaza with a multi-level fountain system. In addition, a multi-level parking garage offers 1,494 car spaces. The office building is anchored by DOW Chemical and was 98 percent occupied at the time of the deal.<\/p>\n

The office building is sited within \u201cThe Enclave\u201d, a 10-building micro-market in West Houston\u2019s Energy Corridor, between Interstate 10, Highway 6 and the Westpark Tollway. Its location provides easy access to Houston\u2019s Inner Loop and central business district, but also to the residential communities in the metro\u2019s western, northern and southern suburbs.<\/p>\n

The HFF debt placement team representing the borrower was led by senior managing directors Wally Reid and Matt Kafka, and real estate analyst Dustin Selzer.<\/p>\n

Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The office property is LEED certified to the Gold level.<\/p>\n","protected":false},"author":237,"featured_media":1004167093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,1589,21742,21747,21786],"tags":[34031,32792,34030],"class_list":["post-1004167092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-houston","category-latest","category-office","category-sustainability","tag-energy-corridor","tag-hff","tag-the-plaza-at-enclave"],"acf":[],"yoast_head":"\nHFF Secures $65M Loan for West Houston Office Asset - 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-secures-65m-loan-for-west-houston-office-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Secures $65M Loan for West Houston Office Asset\" \/>\n<meta property=\"og:description\" content=\"The office property is LEED certified to the Gold level.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-secures-65m-loan-for-west-houston-office-asset\/\" \/>\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=\"2017-02-21T10:24:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:56:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/The-Plaza-at-Enclave-Houston-Texas.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=\"Anca Gagiuc\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-secures-65m-loan-for-west-houston-office-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hff-secures-65m-loan-for-west-houston-office-asset\/\",\"name\":\"HFF Secures $65M Loan for West Houston Office Asset - 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