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| Panorama Corporate Center, Centennial, CO |
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| Mary Sullivan |
DENVER, CO –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of and arranged
financing for Panorama Corporate Center, a 780,649-square-foot, six-building,
Class A office campus in suburban Denver, Colorado.
HFF represented the
seller, Miller Global Properties, LLC, in the sale of the property to EverWest
Real Estate Partners and Independencia Asset Management.
Additionally, HFF assisted the new owner in
securing a 70-percent-LTV, 10-year, full term interest only, fixed-rate
acquisition loan at 4.78 percent through a national investment bank. HFF was also involved in the prior sale of
the property in 2013.
Panorama Corporate Center
is situated on 42.1 acres at the southwest corner of the Interstate 25/Dry
Creek Road interchange adjacent to the Dry Creek light rail station in
Centennial, a southeast suburb of Denver.
The Class A complex was developed between 1996
and 2008 and is 94.1 percent leased to tenants including United Launch Alliance
and Comcast. Tenants have access to an
on-site deli with Wi-Fi enabled outdoor seating and a fitness center, which is
under construction in Building II.
The HFF investment sales
team was led by senior managing directors John
Jugl and Mary Sullivan.
HFF’s debt placement team
was led by senior managing director Eric
Tupler.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
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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