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| Mona Carlton |
DALLAS, TX – Aug. 17, 2015
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $10
million in financing for a three-property industrial portfolio totaling 171,058
square feet in the Austin suburb of Round Rock, Texas.
HFF worked on behalf of
the borrower, KFG Investment Company, to arrange the 12-year, fixed-rate loan
through Unum Life Insurance Company of America.
HFF is servicing the loan.
The portfolio includes
three industrial/flex buildings in Round Rock, a suburb 19 miles north of
Austin.
Loan proceeds will be used to
facilitate the purchase of AmorRon 6 and refinance Oakmont and Corridor Park.
· AmoRon 6, 800 Paloma Drive, 51,928 SF, built 1985
· Oakmont, 2711
Oakmont, 61,542 SF, built 2002
· Corridor Park Pointe, Building E, 100 Michael Angelo
Way, 61,766 SF, built
· 1999
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| Chad Russell |
The HFF debt placement
team representing the borrower was led by senior managing director Mona Carlton and associate director Chad Russell.
KFG Investment Company is
a privately owned real estate and investment company that includes industrial
and multifamily real estate; the development of residential land; and equity
investments in real estate related funds and securities.
The company is headquartered in Southern
California with significant holdings in California and Texas.
Unum is one of the leading providers of
employee benefits products and services. www.unum.com
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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