Wednesday, June 26, 2013

HFF arranges $191 million construction financing for mixed-use project in Boston’s Fenway Triangle neighborhood


The Van Ness, 1325 Boylston St., Fenway Triangle Neighborhood, Boston, MA

BOSTON, MA – HFF announced today that it has arranged construction financing for The Van Ness, a 762,000-square-foot mixed-use project located in Boston’s Fenway Triangle neighborhood.

Greg LaBine

HFF worked on behalf of the borrower, a joint venture between Samuels & Associates and institutional clients advised by J.P. Morgan Asset Management, to secure the long-term, fixed-rate financing through Northwestern Mutual. 

The Van Ness is located at 1325 Boylston Street within walking distance of the Longwood Medical Area near Kenmore Square, Boston’s Back Bay neighborhood and the Town of Brookline.

 The project will include 172 residential units situated above a three-story, 169,000-square-foot Target department store.  The property will also include 31,000 square feet of ground-floor retail, an 11-story, 233,000-square-foot, Class A office tower and 506 parking spaces. 

The HFF team representing the borrower was led by director Greg LaBine.

Kenmore Square, Boston, MA
“With The Van Ness, Samuels will continue their vision for the Fenway neighborhood to be a premier live/work/play destination in Boston,” said LaBine.  

“The combination of high-quality residences, first-class office space and superior shopping anchored by Target make this a welcome addition to Fenway.”

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

Olivia Hennessey
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com


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