$116.5 million construction loan arranged by HFF for Arlington, VA office development

WASHINGTON, D.C. – HFF announced that it has arranged a $116.5 million construction loan for Monument View (top left photo), a 317,000-square-foot office development in Arlington, Virginia. 

HFF worked exclusively on behalf of the borrower, Monument Realty, to secure the loan agented by RBS Citizens N.A. 

Due for completion at the end of 2013, the development is a build-to-suit for The Boeing Company, a Fortune 30 aerospace and defense company.  The first phase of Monument View will have a seven-story, 186,000-square-foot building and a five-story, 131,000-square-foot building. 

The development is located on a 4.7-acre site along South Old Jefferson Davis Highway adjacent to the Pentagon, Reagan-National Airport and Interstate 395 at the north end of Crystal City, offering unparalleled views of the Potomac River and Washington monuments.

The HFF team representing Monument Realty was led by Bill Asbill (top right photo), Bob Donhauser (middle left photo), Stephen Conley (lower right photo) and Dan McIntyre (lower left photo).

Monument Realty is an award-winning real estate development, leasing and management firm.  The firm’s diverse portfolio includes urban and suburban office, mixed-use, residential and hotel properties.

Holliday Fenoglio Fowler, LP (“HFF”) and HFF Securities LP (“HFFS”) are owned by HFF, Inc. (NYSE: HF).  HFF operates out of 19 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry.

 HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, advisory services, structured finance, private equity, loan sales, and commercial loan servicing.  www.hfflp.com.

Contacts:

WILLIAM S. ASBILL                             DANIEL J. MCINTYRE                              

HFF Senior Managing Director           HFF Director                                            

(202) 533-2500                                    (202) 533-2500                                       

wasbill@hfflp.com                               dmcintyre@hfflp.com                            

Kristen R. Murphy, Assistant Director Marketing, (713) 852-3500 krmurphy@hfflp.com