DALLAS, TX – Holliday Fenoglio Fowler, L.P. (HFF) announced it
has secured financing for One Hundred
Oaks, a 891,470-square-foot, mixed-use retail and medical office center in
south Nashville, Tennessee.
HFF worked on behalf of the borrower, LaSalle Investment
Management, to secure the fixed-rate loan through Northwestern Mutual. Loan proceeds were used to refinance the
existing debt.
One Hundred Oaks is a retail, entertainment and medical
office center with medical office space accounting for more than 50 percent of
the overall square footage.
One hundred
percent of the medical office space is leased to Vanderbilt University Medical
Center, which achieved green design and construction industry benchmark
certification for LEED-CI (commercial interiors).
The property was redeveloped in 2009 and 2010 as adaptive
reuse and, in addition to Vanderbilt, is 99 percent occupied by Regal Cinemas,
Burlington Coat Factory, Ross Dress for Less, T.J. Maxx, PetSmart, Michael’s,
Electronic Express, Guitar Center, Ulta Salon, Kirkland’s Home, Sketchers,
Logan’s Roadhouse, Panera Bread and Panda Express.
Situated on 53.64
acres at 719 Thompson Lane in Nashville, One Hundred Oaks is off Interstate 65
and close to the intersection of 65 and the Four-Forty Parkway (Interstate
440). The property is less than five
miles from Vanderbilt Hospital at Vanderbilt University.
The HFF team representing the owner was led by senior
managing director John W. Rose,
associate director Campbell Roche
and associate director analyst Gay
Thomas.
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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