 |
| Jon Mikula |
FLORHAM PARK, NJ –
Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged an $83.45
million refinancing for a portfolio of office assets totaling 14 buildings and
946,374 square feet in New Jersey and Massachusetts.
HFF worked on behalf of
the borrower, Normandy Real Estate Partners, to secure the floating-rate loan
with JP Morgan Chase & Company and Rialto Capital.
Individual property
details are listed below:
Property Size Occupancy Key Tenants
20 & 25 Independence
Boulevard Two Buildings 89% Cellco Partnership, 228,393 SF
Warren,
NJ
999 Frontier Road, One Building, 100% Philips Van Heusen, Bridgewater, NJ 40,565 SF
Flanders Business Park, Four Buildings, 60% Cogentix Medical, Toshiba
129, 131, 133 & 135
Flanders Road 105,500 SF Westborough, MA
Marlborough Technology
Park, Seven Buildings, 76.3% , Cavcium, Tetra Tech, Sepaton
100-700 Nickerson
Road, 571,916 SF
Marlborough, MA
The HFF debt placement
team representing the borrower was led by senior managing directors Jon Mikula and Riaz Cassum and managing director Porter Terry.
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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