FLORHAM PARK, NJ – HFF announced today that it has arranged $9.7 million in acquisition financing for a portfolio of six CVS Pharmacy stores totaling 56,015 square feet in Florida.
HFF worked on behalf of The Hampshire Companies to secure the seven-year, fixed-rate loan through a life insurance company. Loan proceeds were used to acquire the property. HFF will also service the loan.
The CVS Pharmacy stores are located in Vero Beach, Gainesville, Orlando (two properties), Sarasota and St. Petersburg.
The HFF team representing The Hampshire Companies included director Michael Klein (top right photo), senior managing director Jon Mikula (lower left photo) and associate director Paul Hsu.
The Hampshire Companies is a full-service, private real estate firm with equity in assets valued at more than $2.5 billion, based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments. www.hampshireco.com.
Contacts:
MICHAEL KLEIN KRISTEN MURPHY
HFF Director HFF Associate Director, Marketing
(973) 549-2000 (713) 852-3500
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