Tuesday, November 25, 2008

HFF secures refinancing for Marietta, GA flex/office parks

ATLANTA, GA – The Atlanta and Houston offices of HFF (Holliday Fenoglio Fowler, L.P.) has secured refinancing for American Business Center and WhiteWater Business Park, office/flex parks totaling 619,628 square feet in Marietta, Georgia.

Working exclusively on behalf of Capital Commercial Investments, Inc., senior managing director Mark Sixour (top right photo) and director Michael Cale (middle left photo) of HFF Atlanta along with managing director Wally Reid (bottom right photo) of HFF Houston placed the five-year loan with PPM Finance, Inc.

The fixed-rate financing, which will be serviced by HFF, provides money for tenant improvements and capital items required at both properties.

American Business Center and White Water Business Park are located at 1395 South Marietta Parkway and 200-220 North Cobb close to Interstate 75 and Dobbins Air Force Base in Marietta. The properties are 65% occupied with several large leases pending for early 2009 occupancy.

Capital Commercial Investments, Inc. is a real estate investment firm based in Austin, Texas, which specializes in locating and purchasing undervalued commercial investment properties throughout the U,S.

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial 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:

Mark D. Sixour, HFF Senior Managing Director, 404 832 8460, msixour@hfflp.com
Wallace Reid, HFF Managing Director, 713 852 3500, wreid@hfflp.com
Michael A. Cale, HFF Director, 404 832 8460, mcale@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

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