Wednesday, August 15, 2018

Hold-Thyssen Closes Five-Year Lease for Sherwin-Williams Expansion at Enterprise Plaza in Orange City, FL

Sherwin Williams store, Enterprise Plaza, Orange City, FL

ORANGE CITY, FL -- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently negotiated a five-year lease expansion and renewal agreement with Sherwin-Williams Company, a tenant for more than 30 years at Enterprise Plaza, located at 2499 Enterprise Rd. in Orange City.

Darby Hold, transaction specialist at Hold-Thyssen, who represented the Michigan-based Landlord Florida Premier-Enterprise LLC, said Sherwin-Williams extended the lease of its 4,020 square foot unit and expanded into an additional 1,284 square feet totaling 5,304 square feet for another five year term.

Darby Hold

At the same time Hold represented the landlord in a three year lease renewal agreement with SalonCentric, Inc.   The tenant, a professional salon products distributor with more than 565 locations nationwide occupies 2,720 square feet at Enterprise Plaza and has been serving the area for 13 years.  

The two tenants, Sherwin-Williams and SalonCentric combined, occupy a total of 8,024 square feet at Enterprise Plaza.

Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

For more information about this press release, please contact

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 

Allianz and Brookfield provide debt facility to Blackstone for HFF-coordinated refinance of London’s St Katharine Docks

St. Katharine Docks, London, England

LONDON, ENGLAND –– Allianz Real Estate and Brookfield have refinanced Blackstone’s St Katharine Docks, London, in a deal coordinated by HFF Real Estate Limited (HFF). 

 Allianz as senior lender arranged the senior facility on behalf of a number of Allianz Group insurers. Brookfield - through the Brookfield Real Estate Finance Fund V - provided mezzanine financing.

The five-year, floating-rate deal represents the first time Blackstone has borrowed from both Allianz and Brookfield in Europe.  Additionally, this marks the first transaction globally in which Allianz Real Estate and Brookfield have partnered together on a financing.

Roland Fuchs
St. Katharine Docks, a 23-acre estate built in 1827 and central London’s only marina, has evolved into an iconic destination within London with more than 500,000 square feet of commercial space and featuring 80 companies, 24 bars and restaurants, 200 berths and 6,500 employees.
In 2014, Blackstone strategically purchased the asset via the acquisition of Max Property Group and has since enhanced the asset via significant capital improvements that have attracted top-tier tenants such as WeWork, Clarkson Plc., QA Limited and Six Degrees.

The debt provided by Allianz is split into a senior term loan and a capex line to redevelop Devon House, a 90,000-square-foot building on the estate. 

 It is Allianz’ second UK transaction in 2018 – in April, Allianz lent £50 million as part of the £100 million development financing for 80 Fenchurch Street, a prime office property in the City of London.  Both deals are part of Allianz’s European value-add growth strategy.

Brad Greenway
“This is a landmark opportunity to refinance one of London’s unique estates, said Roland Fuchs, Head of European Debt at Allianz Real Estate.  

"St Katharine Docks is a prime development that correlates with our focus on very high-quality, long-term assets owned by exceptional managers such as Blackstone. 
“This deal, our second value-add transaction in the UK this year, also illustrates our increasing focus on London, which we believe will continue to be one of the world’s most influential and dynamic cities offering a compelling selection of prime assets for investors.”

The HFF debt placement team working on behalf of Blackstone included director Brad Greenway and managing director Edward Daubeney.

“To be able to bring together three world-class real estate platforms for an inaugural, iconic transaction shows the strength of the London market and Blackstone’s ability to impressively execute on the identified repositioning,” Greenway said. 

Edward Daubeney
“Blackstone has breathed life into St. Katharine Docks while continuing to execute its successful business plan,” Daubeney added.  “It has been a real pleasure working with all the parties involved on an important mandate for the HFF London team.”

For more information, please contact:

HFF Digital Content/Public Relations Specialist
(713) 852-3420


HFF Director
+44 (0)20 7509 6700

HFF Managing Director
+44 (0)20 7509 6700

Allianz Real Estate:
+33 1 42 99 63 15


Citigate Dewe Rogerson FAO Nick Corrin / Hugh Fasken / Patrick Evans
+44 (0)20 7638 9571