Thursday, October 8, 2009

HFF secures financing for Houston area shopping center


DALLAS, TX – The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has secured financing for Autumn Creek Village,(top left photo)  a 19,562-square-foot shopping center in Friendswood, Texas.

Working exclusively on behalf of Cencor Realty Services, HFF managing director Mark West (middle right photo)  placed the five-year, fixed-rate permanent loan with ViewPoint Bank. Loan proceeds will refinance existing debt and accommodate for Kroger’s expansion in the center.

Cencor Realty Services was founded in 1989 as a full-service real estate company specializing in property management, construction, renovation and remodeling, development, finish-out and financial services.

Autumn Creek Village is located at 313 FM 538 close to Interstate 45 in Friendswood, approximately 20 miles southeast of Houston. Completed in 2000, the property is 100% leased to tenants including Starbucks, Quiznos Subs, Wells Fargo and Friendswood Eye Center. Autumn Creek Village is shadow-anchored by Kroger Grocery, which is under contract to expand their store by approximately 10,000 square feet.

Contacts:

Mark E. West,HFF Managing Director, (214) 265-0880, mwest@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com

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