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| Cantera Meadows office building, 28100 Torch Parkway, Warrenville, IL |
CHICAGO, IL – HFF announced today that it has arranged $19.8
million in financing for Cantera Meadows, a 203,842-square-foot, Class A
office property in Warrenville, Illinois.
HFF
worked on behalf of Adventus Realty Services, Inc. (as trustee for Adventus
Realty Trust) to secure the 10-year, 4.98 percent, fixed-rate loan with
JPMorgan Chase Bank, National Association.
The securitized loan was used to purchase the property and will be
serviced by HFF.
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| Christopher Carroll |
Cantera Meadows is located on an 11.8-acre site at 28100 Torch Parkway
along the north side of Interstate 88 at the Winfield Road interchange.
The property is within the Cantera master-planned
development in Chicago’s western suburbs.
Completed in 1997 and renovated in 2011, the eight-story property
features a full-service cafeteria, fitness center, multiple conference
facilities and parking for 810 vehicles.
Tenants at the 92 percent leased property include EN
Engineering, LLC, Patterson Medical Supply, Inc. and Symbria, Inc.
The
HFF debt placement team was led by managing director Christopher Carroll.
Adventus Realty Trust is a private Real Estate Investment
Trust (REIT) formed in early 2012. Adventus is based in Vancouver, British
Columbia, Canada, and is focused on US income producing commercial real estate,
primarily in the suburban office market of Chicago, Illinois.
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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