Thursday, January 17, 2013

HFF arranges $19.1 million financing for sale-leaseback of a Greenwich, CT office property

Michael Tepedino
NEW YORK, NY – HFF announced it has arranged $19.1 million in acquisition financing for a 32,000-square-foot office property in Greenwich, Connecticut.

                Working on behalf of the borrower, Win Properties, HFF placed the 10-year fixed-rate loan with Cantor Commercial Real Estate.  The loan proceeds were used to acquire the property in a sale-leaseback transaction. 

                The property is located less than one mile north of Interstate 95 in downtown Greenwich, approximately 25 miles north of Midtown Manhattan.  The property is 100 percent net leased to the national headquarters of an institutional equity trading corporation.

The HFF team representing Win Properties was led by senior managing director Michael Tepedino with real estate analyst David Fowler.

Win Properties, Inc. was incorporated in 1986.  It is a 60 plus year old privately owned enterprise that invests, develops, leases, and manages its portfolio of properties in 35 states plus Canada.  The properties are predominately retail and are either downtown Main Street, freestanding, or community strip shopping centers.  Additionally Win owns residential rental apartment units in New York City.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |

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