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| 1260 Aviation Boulevard, Hebron, KY |
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF)
announced it has arranged $20.35 million in acquisition financing for a
portfolio consisting of two newly-built, 100-percent-leased, single-tenant
industrial buildings totaling 643,386 square feet in Kansas and Kentucky.
HFF worked
on behalf of the borrower, a partnership between EverWest Real Estate Partners
and Olympus Ventures, to arrange the seven-year, fixed-rate loan through a
regional bank.
The
portfolio consists of 9525 Woodend Road
in Edwardsville, Kansas, and 1260
Aviation Boulevard in Hebron, Kentucky.
Completed in
2014, the Class A, 369,786-square-foot Woodend Road property is 100 percent
leased to Alphabroder, a sportswear manufacturer.
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| Eric Tupler |
The
one-building warehouse and distribution facility is a cross-docked building
that is part of a two-building development in Edwardsville, a suburb less than
15 miles west of Kansas City, Kansas.
Located on 23 acres, the asset is less than a mile from Interstate 435
and within five miles of Interstate 70, the primary east-west highway that
connects Denver to St. Louis.
The
one-building Aviation Boulevard property has 273,600 square feet and was
completed in 2015. One hundred percent
leased to UPS Supply Chain Solutions, the Class A distribution center is
situated on 16 acres in the Cincinnati suburb of Hebron.
The property is less than three miles from
the Cincinnati/Northern Kentucky International Airport and provides access to Interstate
275.
The HFF debt
placement team representing the borrower was led by senior managing director Eric Tupler and real estate analyst Matt Gangaware.
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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