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| 6849 Old Dominion Drive, McLean, VA |
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| 6862 Elm Street, McLean, VA |
WASHINGTON, D.C. – HFF announced today that it
has secured $36.4 million in financing for two office buildings located at 6849
Old Dominion Drive and 6862 Elm Street in McLean, Virginia.
HFF worked on behalf of The JBG Companies to secure
the loans in two separate transactions. HFF secured the $13.4 million,
seven-year, floating-rate loan for 6849 Old Dominion Drive through Bank of
America Merrill Lynch.
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| Sue Carras |
The lender also provided funds for the $23
million, seven-year, floating-rate loan for 6862 Elm Street.
6849 Old
Dominion Drive and 6862 Elm Street are located close to the Dulles Toll Road
and Interstate 495 northwest of Washington, D.C.
Renovated in 2009, the
66,603-square-foot building at 6849 Old Dominion Drive has Northwestern Mutual
as its major tenant. The 103,213-square-foot 6862 Elm Street building is
occupied by multiple tenants.
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| Walter Coker |
The HFF
debt placement team was led by Sue Carras, Walter Coker and Brian
Crivella.
Headquartered in Chevy Chase, Maryland, The JBG Companies is a private real
estate investment firm that develops, owns and manages office, residential,
hotel and retail properties.
The company has more than $10 billion in assets under management
and development in the Washington metropolitan area. Since 1960, JBG has
been active in the communities where it invests, striving to make a positive
impact.
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| Brian Crivella |
More information can be found by visiting the company's website: www.JBG.com, or by calling
240.333.3600.
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
tel (main) 617-338-0990 | (direct) 617-338-1572 | cel
617.543.4873 | www.hfflp.com
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