Monday, August 21, 2017

HFF arranges refinancing for Downtown Dadeland in Miami, FL

Downtown Dadeland, Miami, FL

Chris Drew
MIAMI, FL –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a refinancing for the 126,453-square-foot retail component of Downtown Dadeland, a mixed-use development comprising seven buildings with six floors of residences, ground-floor retail and subterranean parking.

HFF worked on behalf of the borrower, a joint venture between Duncan Hillsley Capital and Pebb Capital, to place the financing with Square Mile Capital Management, LLC.  HFF previously brokered the sale of this property to the borrower in a 2014 transaction.

Downtown Dadeland is located on 7.5 acres in the epicenter of the Dadeland “Triangle”, an urban infill location bounded by three of Miami’s most heavily trafficked thoroughfares and directly across from Dadeland Mall. 

The property is home to the greatest concentration of chef-driven restaurants in the region, including concepts such as Barley American Brasserie (Chef Jorgie Ramos), Ghee Indian Kitchen (Chef Niven Patel), Harry’s Pizzeria (Chef Michael Schwartz) and Pubbelly Sushi (Chef Jose Mendin).

Nat Scarmazzi
In addition, the property offers a prominent mix of experiential retail and lifestyle service providers, including West Elm, HCA Healthcare, Orange Theory Fitness, Panera Bread, Chili’s Bar and Grill and Men’s Warehouse.

The HFF debt placement team was led by senior managing director Chris Drew, senior director Nat Scarmazzi and managing director Luis Castillo.

“Duncan Hillsley has done an incredible job creating a unique retail destination that offers not only experiential retail and lifestyle service providers but also some of the best restaurant options south of Miami’s CBD, including Pubbelly Sushi, Barley American Brasserie, Ghee Indian Kitchen and Harry’s Pizzeria,” Scarmazzi said.  

“The sponsor’s vision for the property and ability to flawlessly execute its plan has created a new epicenter in Dadeland and served as a major catalyst of growth in this submarket.”

HFF’s debt placement professionals have secured $46.158 billion in financing across all property types in the 12 months ending June 30, 2017.

 For more information on this company, please contact:

Olivia Hennessey
Public Relations Specialist
HFF | 9 Greenway Plaza, Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 |

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