HFF Arranges $241.1M Financing for 2 Washington, DC Office Buildings

WASHINGTON, D.C. – The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged financing for 51 Louisiana Avenue, a historic office building, and 300 New Jersey Avenue,(rendering above) a to-be-built, 10-story office tower in Washington, D.C.

Working exclusively on behalf of the borrower, Dweck Properties, HFF senior managing directors Bob Donhauser (top right photo) and Bill Asbill (middle right photo)and director Cary Abod (middle left photo) placed a $241.1 million, three-year, fixed-rate loan with Calyon, Bank of Ireland, PB Capital and Helaba for the financing of the properties.

Originally built in 1935, 51 Louisiana Avenue has 205,580 square feet of office space and features a limestone façade, rooftop terrace and 15-foot ceiling heights.

Upon completion in 2008, 300 New Jersey Avenue will be a 10-story, 255,391-square-foot building with all glass façade construction above a six-level, 450-space underground parking garage. The properties will be connected by a 10-story, glass atrium and are 77% leased to Jones Day.

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry.

HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.


CONTACTS:

Stephen C. Conley, HFF Executive Managing Director, 202 533 2500, sconley@hfflp.com

Robert F. Donhauser, HFF Senior Managing Director, 202 533 2500, rdonhauser@hfflp.com

Laurie Fish McDowell, HFF Asociate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com