Thursday, November 10, 2011

HFF secures $4 million financing for Fort Worth, TX shopping center



DALLAS, TX – HFF announced today that it has secured $4 million in financing for the refinance of Hulen Square (top left photo), an 83,402-square-foot retail center in Fort Worth, Texas. 

Working exclusively on behalf of Cencor Realty Services (the “owner”), HFF placed the five-year, fixed-rate, non-recourse loan with ViewPoint Bank.  The loan’s interest rate will reset at the end of year five for an additional five years.

Hulen Square is situated on 9.1 acres at 6201-6299 Granbury Road adjacent to Hulen Mall and about seven miles southwest of downtown Fort Worth.  Renovated in 2008, the property is 84 percent leased to tenants including Dollar General, Jackson Hewitt and Pancho’s Mexican Restaurant.

The HFF team representing Cencor Realty Services was led by director Travis Anderson (lower right photo).  Randy Woodruff with Cencor Realty Services represented the owner in the transaction. 

Contacts:
Travis Anderson, HFF Director,  (214) 265-0880  tanderson@hfflp.com                                 
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500
                                                              

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