FLORHAM PARK, NJ – The New Jersey office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged an $8 million refinancing for Eastwick Wellness Center and Upper Darby Wellness Center, two medical office buildings in Philadelphia, Pennsylvania.
HFF director John Taylor and managing director Robert Delitsky of HFF New York (top right photo) worked exclusively on behalf of Kimco Realty Corporation to secure fixed-rate financing through Firstrust Bank. Kimco Realty Corporation is a leading retail REIT specializing in the acquisitions, development and management of neighborhoo
d and community shopping centers.
d and community shopping centers. Completed in 1995, Eastwick Wellness Center is a 36,511-square-foot, two-story building that is fully leased. The property is situated on a 3.4-acre site at the intersection of Island Avenue and Turnstone Place, two miles north of Interstate 95 in the southwestern Philadelphia suburb of Eastwick.
Upper Darby Wellness Center is located in Upper Darby’s downtown at the intersection of Market and Kent Streets, five miles west of Center City Philadelphia. The five-story property has 48,936 square 
feet of commercial/medical office space.
feet of commercial/medical office space. 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:John Taylor, HFF Director, 973 549 2000, jtaylor@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, lmcdowell@hfflp.com
No comments:
Post a Comment