FLORHAM PARK, NJ – The New Jersey office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured a $4.7 million permanent loan for Long Valley Village, a 29,600-square-foot lifestyle retail center in Washington Township, New Jersey.Working exclusively on behalf of Claremont Properties, Inc., HFF placed the 10-year, fixed-rate loan with The Provident Bank.
Completed in 2005, Long Valley Village is 81% leased to tenants including Dunkin Donuts, Quizno’s Subs, Grow With Us Child Care, Tile Studio of Long Valley and Valley Music Center.
The property is located at 62 East Mill Road (State Route 24) in the Morris County suburb of Washington Township.
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. www.hfflp.com.
CONTACTS:
Jon Mikula, (top right photo) HFF Senior Managing Director, 973 549 2000, jmikula@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com
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