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
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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