MIAMI, FL, July 27, 2017 –
Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged
$17.729 million in post-acquisition financing for Creekwalk Village, a 174,484-square-foot, fully leased retail power
center in the north Dallas-area community of Plano, Texas.
HFF worked on behalf of
the borrower, an entity controlled by Sterling Organization, to place the loan
with Southside Bank.
Creekwalk Village is home
to Michaels, Bed Bath & Beyond, Barnes & Noble, Petco, Old Navy,
Designer Shoe Warehouse, Plano Urgent Care, Uptown Nail Spa and Hallmark.
Situated on 14.71 acres at 801 West 15th
Street, Creekwalk Village is proximate to Collin Creek Mall and the 180-acre
CityLine mixed-use development comprising three million square feet of office
and 92,000 square feet of retail space; a Whole Foods Market; 1,700 residential
units and 150 hotel rooms.
Approximately 103,699
residents earning an average estimated annual household income of more than
$94,500 live within three miles of the property.
The HFF debt placement
team was led by senior managing director Chris
Drew, senior director Nat Scarmazzi
and director De’On Collins.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Specialist
HFF | 9 Greenway Plaza,
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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