Saturday, August 20, 2016

HFF secures $97 million refinancing for Sequoia Plaza in Arlington, VA


Sequoia Plaza, t 2100, 2110 and 2120 Washington Boulevard, Arlington, VA

 
Cary Abod
WASHINGTON, DC – Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured a $97 million refinancing for Sequoia Plaza, a three building, Class A office complex totaling 369,215 square feet in Arlington, Virginia.

Working on behalf of Foulger Pratt, HFF placed the three-year, floating-rate loan with Aareal Capital Corporation.  Loan proceeds were used to retire existing financing and fund leasing costs.

Sequoia Plaza is located at 2100, 2110 and 2120 Washington Boulevard directly across the Potomac River from Washington, D.C. 

Situated on a 5.8-acre site at the confluence of Washington Boulevard and Route 50, Sequoia Plaza is approximately two miles from the Pentagon and five miles from Ronald Reagan National Airport in Northern Virginia. 

The 83-percent-leased property is anchored by AAA credit rated Arlington County, which leases more than 76 percent of the space and operates its School Board and Department of Human Services departments on site.

The HFF debt placement team representing the borrower was led by managing director Cary Abod and associate director Robert Carey.

For a complete copy of the company’s news release, please contact:

Kristen Murphy
Director, Marketing
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | fax 617.338.2150 | www.hfflp.com



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