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| Dadeland Centre II, Miami, FL |
MIAMI, FL –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured a $25.2 million loan for
the refinancing of Dadeland Centre II,
a 113,691-square-foot, Class A office property in Miami, Florida.
 |
| Elizabeth Green |
Working on behalf of the
borrower, The Green Companies, HFF placed the 10-year, fixed-rate loan through
New York Life Real Estate Investors.
HFF arranged refinancing for Dadeland Center I, an adjacent building
controlled by the same owner, earlier in 2015.
 |
| Paul Stasaitis |
Dadeland Centre II is
located at 9150 South Dadeland Boulevard, within walking distance of the
Dadeland South Miami Metrorail station, which provides access to downtown Miami
and the greater Miami area including Coral Gables, Brickell Financial District
and the Miami International Airport.
The property is highly accessible and visible
from the Palmetto Expressway, US-1, Dadeland Mall and the Baptist Health Cancer
Facility.
Completed in 2008, Dadeland
Centre II features hurricane resistant glass, 250 covered parking spaces and
superior accessibility via its location in walking distance of Miami’s
Metrorail.
The property is 84 percent leased to tenants
including Cole, Scott & Kissane and Credomatic of Florida.
The HFF debt placement
team representing the borrower was led by senior managing director Paul Stasaitis and associate director Jose Carrazana.
“Dadeland Centre II, like
its sister property, represents a best in class location within the Dadeland
submarket and its close proximity to executive housing as well as mass transit,
resulted in very favorable debt capital interest,” said Stasaitis
The Green Companies
negotiating team was led by James
Bernstein, Brian Bernstein and Elizabeth Green.
For a complete copy of the company’s news release, pease
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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