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| Mill Run Medical Center, 3641-3731 Ridge Mill Drive, Hilliard, OH |
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| Matthew Schoenfeldt |
CHICAGO, IL – HFF announced today that it has secured $10.1
million in financing for Mill Run Medical Center, a 99,553-square-foot,
Class A medical office building in the northwestern Columbus suburb of
Hilliard, Ohio.
HFF worked exclusively on behalf of the borrower, Atkins
Companies, to secure a five-year, fixed-rate loan through Aetna Life Insurance
Company. HFF is servicing the loan.
Mill
Run Medical Center, known as Mill Run, is situated on 10.812 acres at 3641-3731
Ridge Mill Drive in Hilliard approximately one mile from the Jack Nicklaus
Freeway (Interstate 270).
The center is within
10 miles of six major hospitals and clinics, including the 971-bed Ohio State
University’s Wexner Medical Center, the 92-bed Dublin Methodist Hospital and
the 25-bed Doctors Hospital.
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| Jason Bond |
Anchored
by Ohio State University Physicians and Ohio State University Internal Medicine,
the one-story property is leased to six tenants.
The HFF team was led by managing director Matthew
Schoenfeldt, associate director Jason Bond and real estate analyst Daniel
Kearns.
“HFF is very pleased to have assisted the Atkins Companies
in securing acquisition and value-add financing for Mill Run,” Bond said.
The Atkins Companies is an industry-leading, award-winning,
New Jersey-based real estate organization active in the development and
management of high-quality commercial, retail and residential properties
throughout New Jersey and beyond.
Atkins specializes
in owning and operating medical office buildings throughout the country and
continues to look for acquisition opportunities.
Responsible for more than a million square feet of space, they
are committed to carefully-planned corporate growth and diversification as they
continue to strengthen their leadership position.
For a complete
copy of the company’s news release, please contact:
Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
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