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| Colony Industrial Portfolio |
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| Jody Thornton |
DALLAS, TX – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured a $165.75 million
refinancing for a 25-property, four million-square-foot light industrial
portfolio with buildings located in Atlanta, Dallas, Denver, Houston and
Minneapolis.
HFF worked on behalf of
the borrowers, subsidiaries within the light industrial platform of Colony
Capital, Inc., to arrange the 10-year, fixed-rate loan through Prudential
Mortgage Capital Company.
As of June 30, 2015, the
portfolio was 97 percent leased and housed 69 tenants across 25 properties
located in infill, established industrial submarkets. The portfolio is approximately 14 percent
office finish, and the buildings have clear heights ranging from 24’ to 32’.
The HFF debt placement
team representing the borrowers was led by executive managing director Jody Thornton, senior managing director
John Rose, director Gregg Shapiro and associate director Leon McBroom.
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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