LOS ANGELES, CA – HFF announced today that it has arranged a $42 million refinancing for The Center at 600 Vine (top left photo), a 625,765-square-foot, Class A office building in Cincinnati, Ohio.HFF worked on behalf of the borrower, Hertz Investment Group LLC, to secure the 36-month, adjustable-rate loan through US Bank. Financing proceeds are replacing a maturing loan and providing for tenant improvements, leasing commissions and building capital costs.
Originally built in 1984 as the Convergys Center, the property underwent a $9 million renovation in 2006 and was renamed The Center at 600 Vine.
The property is currently 68 percent leased to tenants including FirstGroup America. Parking is provided in a 449-stall underground facility. The Center at 600 Vine is located on the corner of 6th Street East and Vine Street in downtown Cincinnati.
The HFF team representing the borrower, Hertz Investment Group LLC, was led by managing director Mark Wintner (lower right photo).
Founded in 1979, Hertz Investment Group LLC is a privately-owned, vertically-integrated real estate investor and operator.
Contacts:
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500,
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