 |
| Plaza at Landmark, Fairfax, VA |
 |
| Cary Abod |
WASHINGTON, DC -– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured a $72 million refinancing
for Plaza at Landmark, a
437,299-square-foot, grocery-anchored regional power center in Fairfax,
Virginia.
Working on behalf of the
borrower, Landmark HHH, LLC, HFF placed the 18-year, fixed-rate loan with AIG
Investments.
Plaza at Landmark
comprises two multi-tenant buildings and individual pad sites. The 98.2-percent-leased center is home to
national and regional tenants, including Shoppers, Marshalls, Ross Dress for
Less, LA Fitness, Total Wine & More, Dollar Tree, Verizon, DFurniture
Galleries, BB&T, Five Below, GameStop and Chipotle.
Situated on 22.65 acres at
6244 Little River Turnpike, Plaza at Landmark is in Fairfax County on the
border of Alexandria, one of the nation’s most affluent communities, and in the
Alexandria/I-395 Corridor submarket, one of the strongest in the Washington,
D.C. metropolitan area.
The center is located at
the intersection of Route 236 (Little River Turnpike) and Beauregard Street and
100 yards from the Interstate 395 exit ramp.
The HFF debt placement
team representing the borrower was led by managing director Cary Abod and senior managing director Dana Brome.
 |
| Dana Brome |
“Landmark HHH, LLC and its
affiliates are very fortunate to have a close, productive relationship with
HFF, which has lasted over 25 years,” said Marshall
Ruben, principal of the borrower.
“We are extremely pleased
that through the efforts of the HFF team we were able to work with the first
class, professional real estate lending group at AIG and close this very
beneficial long term, fixed-rate financing.
" The recently renovated Plaza at Landmark is now well positioned for
outstanding long term growth and success for our tenants and the community we
serve.”
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Marketing
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