HFF secures refinancing for three Dallas, TX Market Center buildings

Jody Thornton

 DALLAS, TX, May 20, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured financing for three buildings totaling 3.3 million square feet that are part of the Dallas Market Center in Dallas, Texas.

HFF worked on behalf of Crow Holdings to secure the loan for the World Trade Center and Dallas Trade Mart with Goldman Sachs Mortgage Company and the financing for the International Trade Plaza with Comerica Bank.

Composed of the World Trade Center, Dallas Trade Mart, International Trade Plaza and Market Hall, the 110-acre Dallas Market Center (DMC) is the largest wholesale market center in the world, totaling more than 5.5 million square feet – twice the size of the Empire State Building. 

The buildings house space for wholesale merchants around the world to connect with more than 75,000 buyers from all 50 states and 80 countries.

  DMC welcomes approximately 375,000 people to more than 50 market events annually where an estimated $8.5 billion in transactions occur.

Andy Scott

 More than 1,200 tenants in categories including women’s, men’s and children’s fashion and accessories; jewelry; lighting; rugs; home accents and toys rent space in the DMC buildings.  

The buildings are located at 2000, 2050 and 2100 Stemmons Freeway (Interstate 35) in northwestern Dallas close to Dallas-Love Field.  Market Hall is not included in the financing.

The HFF debt placement team representing the borrower was led by executive managing director Jody Thornton, senior managing director Andy Scott, director Jim Curtin and real estate 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

krmurphy@hfflp.com