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| Jon Mikula |
FLORHAM PARK, NJ – HFF announced today that it has secured
$6.7 million in acquisition financing for Burlington Towne Center, a
91,881-square-foot retail power center in Burlington Township, New Jersey.
Working exclusively on behalf of The Hampshire Companies, HFF placed the
seven-year, fixed-rate loan with Webster Bank.
Burlington Towne Center is located at 2703 Burlington Mount Holly Road,
adjacent to the Burlington Center Mall and close to the New Jersey Turnpike and
Interstate 295 about 20 miles northeast of Center City Philadelphia.
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| Michael Klein |
The center is fully leased to tenants including Dick’s
Sporting Goods, Office Max, TGI Friday’s, AT&T Wireless, Burger King,
Sleepy’s and IHOP. Burlington Towne
Center is shadow anchored by Home Depot, Target and Kohl’s, which are not
included in the loan collateral.
The
HFF team representing The Hampshire Companies was led by senior managing
director Jon Mikula and director Michael Klein.
The Hampshire Companies is a full-service, private real
estate firm 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.
Additional information on The Hampshire Companies is available online at
www.hampshireco.com.
Contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com
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