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| Rampart Village Center, Colorado Springs, CO |
DENVER, CO – Aug.14, 2017
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it arranged an $8.8
million refinancing for Rampart Village
Center, a five-building retail center totaling 96,296 square feet in
Colorado Springs, Colorado.
HFF worked on behalf of
the borrower, Vintage Companies, to place the 10-year, fixed-rate loan with a
CMBS lender. The securitized loan will
be used to refinance an existing, maturing loan.
Rampart Village Center is
a 93.24-percent-leased, Gold’s Gym-anchored retail center in northern Colorado
Springs. Located at 7601-7689 North
Union Boulevard, the center is easily accessible via Interstate 25, Highway 21
and Academy Boulevard.
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| Leon McBroom |
Rampart Village Center services the growing
Briargate neighborhood, which has more than 100,000 residents earning an
average annual household income of approximately $100,000 living within a
three-mile radius of the center.
HFF’s debt placement team
was led by director Leon McBroom.
“The borrower was the
original developer and has owned the property for more than 30 years,” McBroom
said. “This refinancing will allow the
borrower to continue to own this well-performing retail asset within the Briargate
community, which the borrower calls home.”
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 | hfflp.com
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