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| Susan Hill |
HOUSTON, TX – Holliday Fenoglio Fowler, L.P. (HFF) announced
it has secured acquisition financing for 7700
Parmer, a 913,000-square-foot, Class A office campus in northwest Austin,
Texas.
Working on behalf of the
borrower, Hallandale Beach, Florida-based Accesso Partners, LLC, HFF placed the
loan with JPMorgan Chase Bank, National Association. Loan proceeds were used to acquire the
property.
7700 Parmer is located in
northwest Austin’s technology corridor about five miles north of the MoPac
Expressway/Research Boulevard interchange.
This location is near Apple’s $300 million campus that is under
construction and the corporate campuses for Dell, National Semiconductor, IBM
and a planned campus for Charles Schwab.
7700 Parmer is 94 percent
leased to tenants including Google, Oracle, eBay/Pay Pal, Electronic Arts,
Polycom and Dun & Bradstreet. The
property features a state-of-the-art auditorium, full-service cafeteria with
multiple culinary options, baseball field, basketball courts, soccer field, volleyball
court and a daycare facility.
HFF’s debt placement team
representing the borrower was led by senior managing director Susan Hill.
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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