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| Hollywest Promenade, West Hollywood, CA |
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| Brad Black |
LOS ANGELES, CA – HFF announced today that it has secured
$27 million in financing for Hollywest Promenade, a 120,173-square-foot
retail center in the West Hollywood submarket of Los Angeles, California.
HFF worked on behalf of Shooshani Developers, LLC to secure
the 15-year, fixed-rate loan with Aegon USA Realty Advisors, LLC, the
commercial real estate investment and management arm of the AEGON Asset
Management companies.
Hollywest Promenade is located at the intersection of
Hollywood Boulevard and Western Avenue just west of Highway 101. Built in 2002, the property is 95 percent
leased to tenants such as Ross Dress for Less, Ralph’s, Quizno’s Subs and Jamba
Juice.
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| Tony Shooshani |
The HFF team was led by managing director Brad Black
and senior real estate analyst Jeff Sause. Shooshani Developers was represented by managing member Tony
Shooshani.
For a complete copy of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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