Sunday, February 7, 2016

HFF arranges $135 million refinancing for 700 11th Street NW in Washington, DC

                        700 11th Street, East End submarket, Washington, DC         Photo by Nick Waring

Susan Carras
WASHINGTON, DC – February 1, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a $135 million refinancing for 700 11th Street NW, a 301,774-square-foot, trophy office building in Washington, D.C.’s East End submarket.

HFF worked on behalf of the borrower, a partnership between an affiliate of Hines Interests Limited Partnership and a pension fund advised by Sarofim Realty Advisors, to secure the 10-year, fixed-rate loan provided by Allianz Real Estate of America, LLC. 

700 11th Street NW is situated on a .86-acre site bounded by 11th, G and 12th Streets, directly above the Metro Center Metrorail station providing connectivity to the Red, Orange, Blue and Silver Metrorail lines. 

This East End location is one block from the CityCenterDC mixed-use development, two blocks from the Walter E. Washington Convention Center and the new Marriott Marquis Hotel and four blocks from the White House. 

The property is fully leased to law firm, Williams & Connolly, which operates its global headquarters from the building.  Cosi occupies the retail space on the ground floor level.  700 11th Street NW features a two-story lobby with a central rotunda, Italian marble floors and mahogany walls as well as a five-level, 324-space underground parking garage.

HFF’s team was led by Susan Carras, Walter Coker and Brian Crivella.

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

Kristen M. Murphy
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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