Thursday, July 30, 2015

HFF secures $165.75 million refinancing for 25-property industrial portfolio in Colorado, Georgia, Minnesota and Texas


Colony Industrial Portfolio

 
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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