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| One Deerwood Office Building, Deerwood Park, Jacksonville, FL |
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| Michael Weinberg |
HFF worked on behalf of
the borrower, Taurus Investment Holdings, LLC, to secure the three-year,
floating-rate loan through Ares Management.
HFF was also involved in the sale of the asset to Taurus in 2007.
One Deerwood is located
within Deerwood Park, the largest, full-service multi-purpose park in
Jacksonville and within the prestigious Butler Corridor submarket.
The six-story property has
excellent visibility from more than 108,000 cars per day due to its location at
the interchange of J Turner Butler Boulevard and Routes 202 and 115.
Additionally, the property
is highly-amenitized being located near many of the area’s lifestyle and retail
demand drivers, including St. Johns Town Center. One Deerwood is leased to tenants, including
CIT Bank, JMB of North Florida and Amports, Inc.
The HFF debt placement
team representing the borrower was led by senior managing director Michael Weinberg and director Porter Terry
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Public Relations
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
krmurphy@hfflp.com
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