DALLAS, TX – HFF announced that it has arranged a $3.7 million refinancing for Cullen Crossing (top left photo), a 34,730-square-foot community retail center in Pearland, Texas.
Working on behalf of Cencor Realty Services, HFF placed the 10-year, 5.39 percent, fixed-rate loan with American United Life Insurance Company®, a OneAmerica company.
Cullen Crossing is located at 8321 Broadway Street at the intersection of Cullen Boulevard and FM 518, 13 miles south of downtown Houston.
Completed in 2000, the property is 94 percent leased to tenants including Hallmark, Comcast Cable, Wingstop and Subway. Cullen Crossing is shadow-anchored by Kroger Signature and includes two pad sites occupied by Wells Fargo and McDonald’s that are not part of the collateral.
The HFF team representing Cencor Realty Services was led by director Travis Anderson
Cencor Realty Services, founded in 1989, specializes in retail property management and development services and operates full-service offices in Texas' major markets of Houston, Dallas-Fort Worth, Austin and San Antonio. Cencor currently manages a retail portfolio of approximately 21 million square feet.
Contacts:
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500,
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