Tuesday, February 12, 2013

HFF secures $3.1 million refinancing for Uptown Shopping Plaza in Harrisburg, PA



Uptown Shopping Plaza
Harrisburg, PA
FLORHAM PARK, NJ - HFF announced today that it has secured a $3.1 million refinancing for Uptown Shopping Plaza, a150,000-square-foot grocery-anchored retail center in Harrisburg, Pennsylvania.

HFF worked on behalf of the borrower, LCL Management, LLC, to secure the 10-year loan through Harrisburg-based financial services provider Metro Bank.

Uptown Shopping Plaza is located at the intersection of North Seventh and Division Streets in Harrisburg.  The retail center is anchored by Save-A-Lot Supermarket; other tenants include Dollar Tree, Family Dollar, Subway, H&R Block, McDonalds and Rainbow Apparel.

Michael Klein
The HFF team representing LCL Management, LLC was led by director Michael Klein and real estate analyst Samuel Seiden.

                LCL Management, LLC is a Parsippany, New Jersey-based operator of multi-housing and retail properties.  LCL’s current portfolio consists of approximately 2,800 multi-housing units in New Jersey, Pennsylvania, Ohio and New Mexico as well as five shopping centers.

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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