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