 |
| Lionville Shopping Center, 168 Eagleview Boulevard, Exton, PA |
PHILADELPHIA, PA ––
Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a $10.7 million
refinancing for Lionville Shopping
Center, a 93,161-square-foot, grocery-anchored shopping center in the
Philadelphia suburb of Exton, Pennsylvania.
HFF worked on behalf of
the borrower, Brandolini Companies, to secure the long-term, fixed-rate
financing through an institutional lender in order to retire existing
indebtedness.
 |
| Ryan Ade |
The 97-percent-leased
Lionville Shopping Center is home to 15 tenants, including Giant Food Store,
Carol’s Hallmark, Verizon Wireless, Subway, Wells Fargo Bank, Pet Valu and
Sal’s Pizza & Italian Restaurant.
The center is shadow-anchored by Target, Rite
Aid and Wawa. Located at 168 Eagleview
Boulevard, Lionville Shopping Center is at the signalized intersection of
Eagleview Boulevard and West Uwchlan Avenue (Philadelphia Route 113) in the
Chester County submarket.
The center is on the
“going home” side of West Uwchlan, an almost 50-mile northeast-southwest
highway that serves Chester, Montgomery and Bucks Counties.
The HFF team representing
the borrower was led by managing director Ryan
Ade.
“Brandolini Companies
engaged HFF on an exclusive basis in order to find the best available rate and terms
for a maturing loan on Lionville Shopping Center,” Ade said. “Lender interest in this financing of a
well-located and market-leading grocery store was very high.”
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
No comments:
Post a Comment