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| Carolinas Health Care Systems, 10545 Blair Road, Mint Hill, NC |
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| Stephen Skok |
CHICAGO, IL - HFF announced
it has arranged $11.5 million in financing for a 57,580-square-foot medical
office building in Mint Hill, North Carolina.
HFF worked on behalf of
Harrison Street Real Estate Capital, LLC to secure the four-year, non-recourse,
floating-rate loan through a national bank.
The property is 100 percent
master leased to Carolinas HealthCare System (“CHS”) and was built in 2006 to
establish a CHS satellite location in the Mint Hill submarket.
CHS is the largest
healthcare system in Charlotte and operates more than 14 hospitals in the
metropolitan area. The building is located at 10545 Blair Road just off
Interstate 485, approximately 14 miles east of downtown Charlotte.
The HFF team representing
the borrower was led by managing directors Stephen Skok and Timothy
Joyce.
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| Timothy Joyce |
Harrison Street Real Estate
Capital was founded in 2005 and has approximately $5.8 billion in assets under
management. The firm currently owns approximately $5 billion in real estate
assets including more than 30,000 student housing beds, more than 6,800 senior
housing/assisted living units, more than 3.6 million square feet of medical
office space, and more than 36,000 self-storage units.
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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