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| Jon Mikula |
FLORHAM PARK, NJ – HFF announced it has arranged a $221.8
million financing for a 96-percent-occupied portfolio consisting of 30 retail
centers, office and medical office properties totaling approximately 2 million
square feet in Pennsylvania and Maryland.
HFF
exclusively represented Paramount Realty Services in the transaction. The financing was closed with a portfolio
lender.
The
HFF debt placement team representing the borrower was led by senior managing
directors Jon Mikula and Jim Cadranell and associate directors Samuel
Seiden and Michael Cerulo.
“We
were excited to be a part of such an important transaction for Paramount Realty
as they grow and expand their portfolio into Central Pennsylvania and
Maryland,” Mikula said.
Paramount Realty Services, Inc. was founded in 1994 as a
full-service commercial real estate firm specializing in retail real estate in
the Northeast.
Paramount Realty
owns and operates more than seven million square feet of shopping centers
throughout New Jersey, Connecticut, Massachusetts, Maryland and Pennsylvania.
For a complete copy
of the company’s news release, please contact:
Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
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