 |
| Chris Gandy |
SAN FRANCISCO, CA – July
12, 2017– Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured $43.34
million in financing for Concord Airport
Plaza, a two-building office property totaling 350,256 square feet in
Concord, California.
HFF placed the five-year,
floating-rate loan with ACORE Capital, a leading commercial real estate finance
company. Loan proceeds will be used to
reposition the property.
Concord Airport Plaza is
situated on a 7.94-acre site at 1200 and 1220 Concord Avenue less than two
miles from the Concord BART Station in the East Bay area.
This location has a robust amenity base, including retail offerings at Heritage Square, the Pleasant Hill Shopping Center and Sun Valley Shopping Center and freeway access via Interstate 680 and Highways 242, 4 and 24.
This location has a robust amenity base, including retail offerings at Heritage Square, the Pleasant Hill Shopping Center and Sun Valley Shopping Center and freeway access via Interstate 680 and Highways 242, 4 and 24.
The HFF debt placement
team was led by director Chris Gandy
and associate Christie Donnelly.
For investors, ACORE is
focused on generating alpha through attractive commercial real estate debt
investments coupled with superior risk management. ACORE is led by commercial
real estate finance veterans Boyd Fellows, Stew Ward, Chris Tokarski and Warren
de Haan.
For more information, please visit www.acorecapital.com.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Public Relations
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
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