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| Downtown Dadeland, Miami, FL |
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| Chris Drew |
MIAMI, FL –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged a refinancing for the
126,453-square-foot retail component of Downtown
Dadeland, a mixed-use development comprising seven buildings with six
floors of residences, ground-floor retail and subterranean parking.
HFF worked on behalf of
the borrower, a joint venture between Duncan Hillsley Capital and Pebb Capital,
to place the financing with Square Mile Capital Management, LLC. HFF previously brokered the sale of this
property to the borrower in a 2014 transaction.
Downtown Dadeland is
located on 7.5 acres in the epicenter of the Dadeland “Triangle”, an urban
infill location bounded by three of Miami’s most heavily trafficked
thoroughfares and directly across from Dadeland Mall.
The property is home to
the greatest concentration of chef-driven restaurants in the region, including
concepts such as Barley American Brasserie (Chef Jorgie Ramos), Ghee Indian
Kitchen (Chef Niven Patel), Harry’s Pizzeria (Chef Michael Schwartz) and
Pubbelly Sushi (Chef Jose Mendin).
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| Nat Scarmazzi |
The HFF debt placement
team was led by senior managing director Chris
Drew, senior director Nat Scarmazzi
and managing director Luis Castillo.
“Duncan Hillsley has done
an incredible job creating a unique retail destination that offers not only
experiential retail and lifestyle service providers but also some of the best
restaurant options south of Miami’s CBD, including Pubbelly Sushi, Barley American
Brasserie, Ghee Indian Kitchen and Harry’s Pizzeria,” Scarmazzi said.
“The sponsor’s vision for the property and ability to flawlessly execute its plan has created a new epicenter in Dadeland and served as a major catalyst of growth in this submarket.”
“The sponsor’s vision for the property and ability to flawlessly execute its plan has created a new epicenter in Dadeland and served as a major catalyst of growth in this submarket.”
HFF’s debt placement
professionals have secured $46.158 billion in financing across all property
types in the 12 months ending June 30, 2017.
For
more information on this company, 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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