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| Jim Curtin |
DALLAS, TX – Holliday Fenoglio
Fowler, L.P. (HFF) announced it has secured acquisition financing for a
five-property office portfolio totaling 642,583 square feet in Atlanta,
Marietta and Macon, Georgia.
Working on behalf of the
borrower, CapRidge Partners, LLC, HFF placed the three-year, floating-rate loan
with Bank of America Merrill Lynch. The
loan was structured with an initial funding of $30.17 million.
The portfolio consists of
3920 Arkwright Road (Highridge Center) in Macon; 9040 Roswell Road (River Ridge),
1765 The Exchange and 1775 The Exchange in Atlanta; and 1775 West Oak in
Marietta.
Overall, the portfolio is 81.1
percent leased to tenants including Carestream Dental, MiMedx Group, Merrill
Lynch, Xerox and Polycom, Inc.
The HFF debt placement
team representing the borrower was led by director Jim Curtin and senior managing director Andy Scott.
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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