HOUSTON, TX –– Holliday Fenoglio
Fowler, L.P. (HFF) announces a $48.51 million refinancing for CITYCENTRE
Five, a 201,437-square-foot, Class A office building within the CITYCENTRE
mixed-use urban development in Houston, Texas.
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| CityCentre Five, Houston, TX |
CITYCENTRE Five is located at 825 Town &
Country Lane at the southeast corner of Interstate 10 and Beltway 8 in
Houston’s Energy corridor.
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| Colby Mueck |
Its location within the 50-acre
CITYCENTRE development, which is considered Houston’s premier open-air
mixed-use shopping and entertainment destination, provides tenants with
immediate access to a diverse mix of restaurants and fashionable retailers, a
Life Time Athletic club, three luxury apartment communities and the 265-room
Hotel Sorella.
Additionally, the property benefits from its location near some of
the strongest demographics in West Houston; average housing values within a
one-mile radius of the property are more than $563,000 and average household
income is roughly $179,000.
The HFF debt placement team representing the
borrower included senior managing director Colby Mueck.
For more information, please contact:
KRISTEN MURPHY
HFF
Director, Public Relations
(617) 338-0990
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