175 Park Avenue, Madison, NJ
FLORHAM PARK, NJ – HFF announced today that it has secured
$75 million in financing for 175 Park Avenue, a 270,000-square-foot,
newly-completed corporate headquarters for the Realogy Corporation in Madison,
New Jersey.
 |
| Jon Mikula |
HFF worked exclusively on behalf of The Hampshire Companies
to secure the 10-year, fixed-rate loan through Cantor Commercial Real Estate
Lending, L.P. The loan will be used to
retire existing construction financing that HFF had secured on behalf of the
borrower in late 2011.
175 Park Avenue is located near State Route 24 and
Interstate 287 adjacent to BASF’s new North American headquarters and the
headquarters for the New York Jets.
 |
| Michael Klein |
After completing an extensive gut rehab of an existing
structure, the property was completed in March 2013 and is built to LEED
standards. Amenities include a fitness
center, full-service cafe, and conference/team room facilities. Realogy Corporation is a global provider of
real estate and relocation services.
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 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.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 |
Cell:
617-543-4873 | www.hfflp.com
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