 |
| Jim Curtin |
DALLAS, TX – HFF announced it has arranged a $38.3 million
refinancing for Uptown Village at Cedar Hill, a 615,000-square-foot
lifestyle center in Cedar Hill, Texas, a southwest Dallas suburb.
Working on behalf of a joint venture between Trademark Property Company
their institutional partner, HFF placed the three-year, floating-rate loan with
Aareal Capital Corporation. Loan
proceeds were used to recapitalize the asset and provide for capital and
leasing costs.
Uptown
Village at Cedar Hill is located at 305 West Farm to Market Road 1382 off the
J. Elmer Weaver Freeway (State Highway 67).
The shopping, dining and entertainment center features an interactive
water fountain, is dog friendly, has an electric vehicle charging station and
has a children’s play area and an oversized chess and checker board.
 |
| Trey Morsbach |
On the center’s Village Green Stage, live music acts perform
year-round, including holiday performances and a summer concert series. Completed in 2008, Uptown Village has more
than 70 retail stores, including Dillard’s, Dick’s Sporting Goods, Barnes &
Nobles, Ulta, Chico’s Victoria’s Secret, Charming Charlie, and Foot
Locker.
Additionally, the center has multiple restaurants, including
Matt’s Rancho Martinez, Razzoo’s Cajun Café, and Avocado California Roll &
Sushi.
The
HFF team representing the borrower was led by associate director Jim Curtin,
senior managing director Trey Morsbach and real estate analysts Judy
Boyd and Brad Greenway.
Trademark Property Company is an operator, investor and
developer of award winning enclosed regional malls, mixed-use town centers, and
specialty, community and power centers.
 |
| Brad Greenway |
Since 1992, the Fort Worth, Texas-based
Trademark has invested in, or developed over 11.5 million square feet of retail
and mixed-use assets worth over $1.9 billion. For more information, visit
www.trademarkproperty.com.
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
No comments:
Post a Comment