.
 |
| The Burbank Collection retail center, Burbank, CA |
 |
| Kevin Mackenzie |
IRVINE, CA – HFF announced today that it has arranged $11.24
million in financing for The Burbank Collection, a 39,428-square-foot
urban retail center in Burbank, California.
HFF worked on behalf of the borrower, a joint venture
between GPI and KBS Capital Advisors, to secure the three-year, 2.53 percent,
floating-rate loan through a regional bank.
The Burbank Collection is located just off Interstate 5
along the main pedestrian thoroughfare in downtown Burbank and within three
miles of the NBC, Warner Bros. and Disney entertainment studios.
 |
| Greg Brown |
Built in 2008,
tenants include Barney’s Beanery, Panera Bread, Skechers, Johnny Rockets and
Pinkberry. The property is
shadow-anchored by one of the top performing AMC Theatre’s in the nation as
well as Macy’s and Ikea.
The HFF team representing the borrower was led by senior
managing director Kevin Mackenzie and associate director Greg Brown.
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
No comments:
Post a Comment