Saturday, May 20, 2017

HFF arranges $28.7 million acquisition financing for a Macy’s in west Los Angeles, CA

Macy's Westside Pavilion Mall, West Los Angeles, CA

Kevin MacKenzie

NEWPORT BEACH, CA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged $28.7 million in financing for the acquisition of a six-acre parcel that includes a 244,000-square-foot retail structure that is occupied by Macy’s and a 1,550 space parking garage at the Westside Pavilion Mall in west Los Angeles, California.

HFF worked on behalf of the borrower, GPI Companies, to secure the two-year, fixed-rate loan through a life insurance company. 

The property is part of the Westside Pavilion Mall, and is anchored by a 244,000-square-foot Macy’s.  Located at the intersection of Pico Boulevard and Overland Avenue, the property is situated in prestigious west Los Angeles, close to the 405 and 10 Freeways. 

The HFF debt placement team representing the borrower was led by senior managing director Kevin MacKenzie, director Greg Brown, director Jeff Sause and associate Jamie Kline.

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

Kristen Murphy
Director, Public Relations
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | cell 617.543.4873 |

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