HOUSTON, TX – The Houston office of HFF (Holliday Fenoglio Fowler, L.P.) has secured a $4.4 million refinancing for 13111 Northwest Freeway, (middle left map) a 156,000-square-foot office building in northwest Houston, Texas. Working exclusively on behalf of Sabine Management Corporation, HFF managing director Tucker Knight (top right photo) and real estate analyst Steven Gautier placed the 10-year, 6.71%, fixed-rate loan with AIG Global Investment Group in order to refinance the existing loan encumbering the property.
“AIG provided excellent service on this transaction, which was highly prized by our client,” said Knight. 13111 Northwest Freeway is a six-story office building that is currently 86% occupied to a variety of tenants such as K. Hovnanian, Luby’s, National Marketing & Administration and Horace Mann Educators Corporation.
The property is located along Northwest Freeway in the Highway 290 northwest corridor of Houston.
HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of comme
rcial real estate and capital markets services to the U.S. commercial real estate industry.
rcial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing. http://www.hfflp.com/.
CONTACTS:
CONTACTS:
Tucker S. Knight, HFF Managing Director, 713 852 3500, tknight@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, lmcdowell@hfflp.com
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