 |
| Chris Drew |
MIAMI, FL – HFF announced today that it has secured $13.5
million in acquisition financing for a 10-property single-tenant retail
portfolio located in multiple states.
HFF worked on behalf of A. Duda & Sons, Inc. to place
the 10-year, fixed-rate CMBS loan through Prudential Mortgage Capital
Company.
Collectively 100 percent occupied, the portfolio features
five Dollar Generals, four Christian Brothers Automotive Centers and one
Walgreens. The properties are located
in various cities in Alabama, Georgia, Tennessee and Texas.
 |
| Brandon Chavoya |
The HFF team representing the borrower was led by director Chris
Drew along with director Brandon Chavoya and director analyst Kim
Flores.
A. Duda & Sons, Inc. is a Florida-based company with
additional operations in California, Texas, Arizona, Georgia and Michigan.
A diversified land company, DUDA is engaged
in a variety of agricultural and real estate operations. Assets include agricultural lands and a
variety of commercial properties.
 |
| Kimberly Flores |
The
family-owned and -operated company, headquartered in Oviedo, Florida, is in its
fourth generation of family leadership.
For a complete copy of the company’s news release, please
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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