Hold-Thyssen Negotiates New Florida Retail Leases for 11,600 square feet in Clermont, Orlando, Sanford and Retail Condo Sale

Darby Hold

Alex Rowlinson

Orlando, FL  --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently negotiated a five-year lease of 1,331 square feet of retail space at Silver Star Shopping Center, 5316 Silver Star Rd.  The new tenant Barber Zone has been doing business in Orlando for 20+ years. 

Hold-Thyssen’s Leasing Associate Alex Rowlinson negotiated the transaction which was the second deal completed at Silver Star Shopping Center in the month of August.

Rowlinson and Associate Darby Hold negotiated a new lease agreement with To Dye For Hair Salon at Royal Oaks Plaza, 2105 Hartwood Marsh Rd. in Clermont.  

The three-year retail lease of 516 square feet was the second transaction completed on behalf of the new ownership of the 16,000 square foot strip center.

At Sanford Shopping Center located at 2921 S. Orlando Drive. (US 17-92), Rowlinson and Associate Troy Stevens negotiated the lease of 9,753 square feet.

 The new tenant is Spirit Halloween, a seasonal tenant that will be found at shopping centers throughout the country selling costumes, props, wigs, hats, masks, make-up and more from August through October.  

Troy Stevens

The retailer has raised over $29 million since 2006 for 130 children’s hospitals in the U.S.

Rowlinson also negotiated a $149,500 sale price for a retail space at Sanford Shopping Center.  The Laundromat leasing 2,000 square feet exercised an option to purchase at the end of the lease and a quick close took place.   

Hold-Thyssen, Inc. provides commercial property brokerage, and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

For more information on this news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407 644-4142 Lvershelco@aol.com

NAI Realvest Negotiates $725,000 Investment Sale at South Pointe Center in Longwood, FL

Chris Adams

ORLANDO, FL - NAI Realvest recently negotiated the $725,000 investment sale of an office building with 7,345 useable square feet at 760 Florida Central Parkway in South Pointe Center in Longwood.

Associate Chris Adams at NAI Realvest brokered the transaction on behalf of the seller, Center Pointe Prop, LLC.    

MaCre Holdings, LLC purchased the 3-unit office building situated on a 0.17 acre lot with paved parking.  There was one existing tenant at the time of the sale.

For more information on this news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407 644-4142 Lvershelco@aol.com

M/I Homes Starts Development of The Towns at Avalon Ridge Affordable Townhomes Coming to East Orange County, FL

Daavid Byrnes

ORLANDO, FL --- M/I Homes recently started development of The Towns at Avalon Ridge, a gated community with 140 townhomes priced from the $250,000s opening early next year in fast-growing East Orange County.

Located off of  Avalon Park and Avalon Reserve Boulevards, The Towns at Avalon will offer two-story,  three and four-bedroom townhomes that range from  approximately 1,500 to 1,850 square feet of living area.  

David Byrnes, area president of M/I Homes, said the homebuilder will have the first sites ready for building by February of next year and decorated models will be open by Spring.  A resort-style swimming pool with cabana are also planned for the community.

“This townhome development will have wide-ranging appeal and should be particularly attractive to commuters and families,” Byrnes said. 

Residents of The Towns at Avalon Ridge will be in the highly rated East Orange County school district and the community is conveniently located within minutes of shopping, dining and entertainment.  SR 417 and 528 are easily accessible for all major employment centers and international airports. 

For more information on this news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407 644-4142 Lvershelco@aol.com

Strategic Storage Growth Trust, Inc. Acquires 840-Unit Self Storage Facility in Nantucket, MA

H. Michael Schwartz

Nantucket, MA –– Strategic Storage Growth Trust, Inc. (“SSGT”), a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced its purchase of an 840-unit self storage facility in Nantucket, Massachusetts.

“The acquisition of this stabilized property strengthens the balance sheet of Strategic Storage Growth Trust, allowing the REIT to expand its development pipeline and acquire additional properties with certificates of occupancy,” said H. Michael Schwartz, chairman and chief executive officer. 

Located at 6 Sun Island Road, the 93,000-square-foot facility was constructed in 2002 on 1.7 acres of land. The property was approximately 91 percent occupied at the time of acquisition.

Chief investment officer Wayne Johnson added, “This is the premier self storage facility on Nantucket Island, with many safety features and 17 climate-controlled wine storage units that serve the renowned Nantucket Wine & Food Festival, which draws attendees and participants from throughout New England and across the nation each year.”

For more information, please contact:

Julie Leber

 Damon Elder

Spotlight Marketing Communications

949.427.5172, ext. 703

949.427.5172, ext. 702

julie@spotlightmarcom.com

 damon@spotlightmarcom.com

Strategic Storage Trust IV Surpasses $10 Million in Subscriptions; Washington State Residents May Now Invest

  

 LADERA RANCH, CA  – Strategic Storage Trust IV, Inc., a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced the REIT surpassed $10 million in aggregate subscriptions as of June 30, 2017.

As a result of surpassing the $10 million requirement, the REIT may now accept subscriptions from investors residing in the State of Washington.

Strategic Storage Trust IV intends to qualify as a real estate investment trust for federal income tax purposes for the taxable year ending December 31, 2017 and is offering up to $1.0 billion in shares of its common stock in its primary offering, consisting of three classes of shares: Class A shares for $25.00 per share (up to $450 million in shares), Class T shares for $24.21 per share (up to $450 million in shares), and Class W shares for $22.75 per share (up to $100 million in shares).

For more information, please contact:

Julie Leber

 Damon Elder

Spotlight Marketing Communications

949.427.5172, ext. 703

949.427.5172, ext. 702

julie@spotlightmarcom.com

 damon@spotlightmarcom.com

Bull Realty Arranges $5.8 Million Land Sale for “The Malone on Peachtree” Development in Atlanta, GA

John DeYonker

ATLANTA, GA — Bull Realty arranged the sale of a 3-acre tract of land in Chamblee, GA. The sale closed on August 15th for $5,750,000.

The property will become “The Malone on Peachtree,” a 5-story, LEED certified 466,057 SF mixed-use development with approximately 205 age restricted units and 23,937 SF of retail space. The architect for the project is Coursey & Associates Architects. Renderings were released by The Atlanta Business Chronicle in May. 

Bull Realty’s John DeYonker arranged the sale between the seller, Maltese Family Holdings, LLLP, and the buyer, a subsidiary of Courtland Partners.

“This is a great location and site. The development will do well in this booming market,” said DeYonker.

“When you see land selling for $44 per square foot, it clearly illustrates the viability of walkable city centers in close-in suburban markets,” said Michael Bull, CCIM.

For more information, please contact:

Melissa Henry

Communications Manager

Bull Realty, Inc. 

404-876-1640 x 110

www.BullRealty.com

www.CREshow.com

www.ATLCREshow.com

 Info@BullRealty.com.

Bull Realty, Inc. (www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in ten states providing acquisition, disposition, leasing and advisory services. The firm also produces and hosts America’s Commercial Real Estate Show (www.CREshow.com).

Steve Forbes to Headline NAIOP South Florida Chapter’s Sept. 14 Meeting in Fort Lauderdale, FL

 

Steve Forbes

FORT LAUDERDALE, FL  – NAIOP South Florida, a Commercial Real Estate Development Organization, will welcome Forbes Media Chairman and Editor-in-Chief Steve Forbes for a presentation titled “Navigating the Economy for Business Growth and Success” at its chapter meeting on Thursday, September 14 at the NSU Museum of Art, located at 1 E. Las Olas Blvd. in Fort Lauderdale. Doors open at 4:30 p.m.

Following the presentation in the newly renovated auditorium, which will begin promptly at 5:30 p.m., a cocktail reception will take place within the Museum of Art. 

“This event is part of an extensive programming initiative that our chapter leadership started a few years ago,” said NAIOP South Florida Board of Directors President Greg Martin. “Our goal was to bring the expertise of global thought leaders and influencers to our members in South Florida, who actively shape and participate in our regional business community. I’m thrilled that we are kicking off this initiative with such an incredible speaker as Mr. Forbes.”

Greg Martin

In addition to serving as Editor-in-Chief of Forbes, Forbes is an author and widely respected prognosticator. 

As such, he is the only writer to have won the prestigious Crystal Owl Award four times for his economic forecasts. 

In 1996 and 2000, he campaigned for the Republican nomination for the presidency. Forbes continues to remain active in politics today.

Tickets for the presentation are $100 for NAIOP members and $150 for non-members. 

To register to attend, visit www.naiopsfl.org/events. Sponsors include Avison Young, Bridge Development Partners, Brody & Associates, City National Bank, Marcus & Millichap and Risk Strategies Company. For additional sponsorship opportunities, call 954-990-5116.

For more information on this news release, please contact:

954-776-1999

Pierson Grant Public Relations

Lexi Robinson, ext. 255

lrobinson@piersongrant.com

HFF announces $17.85 Million in post-acquisition financing for 1450 Veterans Boulevard in Redwood City, CA

  

1450 Veterans Boulevard Office  Building, Downtown Redwood City, CA

 SAN FRANCISCO, CA – August 23, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces $17.85 million in post-acquisition financing for 1450 Veterans Boulevard, a three-story, 53,000-square-foot office building in downtown Redwood City, California.

Chris Gandy

The HFF team worked on behalf of the borrower, REES Properties, Inc., to secure the 10-year, fixed-rate loan through Principal Commercial Capital, Principal Real Estate Investors’ CMBS platform.  

Principal Real Estate Investors is also the primary servicer of the loan, proceeds of which will be used to refinance the existing mortgage on the property. 

In a previously announced transaction, HFF represented the seller, Griffin Capital, in the sale to REES Properties, Inc.

1450 Veterans Boulevard is located in downtown Redwood City, just one mile from the Redwood City Caltrain station, providing direct access to downtown San Francisco.  

Downtown Redwood City offers the unique combination of proximity to Stanford University, venture capital, the U.S. Highway 101 corridor and connectivity to the executive housing corridor along Interstate 280 via Woodside Road. 

The HFF debt placement team representing the borrower included director Chris Gandy and real estate analyst Jason Carlos.

Holliday Fenoglio Fowler, L.P., acting by and through Holliday GP Corp., a real estate broker licensed with the California Department of Real Estate, License Number 01385740.

For more information on this 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

krmurphy@hfflp.com

Waterton Acquires 404-Unit Apartment Community in Arlington, VA

The Citizen at Shirlington Village Apartments, Arlington, VA 

CHICAGO, IL (Aug. 22, 2017) – Waterton, a U.S. real estate investor and operator, today announced the acquisition of a 404-unit rental community in Arlington, Va., approximately 3 miles southwest of the Pentagon.

Built in 1992 and formerly known as Windsor at Shirlington Village, the property at 3000 S. Randolph St. is being rebranded as The Citizen at Shirlington Village following Waterton’s acquisition.

Matthew Masinter

Offering a mix of one-, two- and three-bedroom floor plans – 132 units in an eight-story tower and 272 in a low-rise component – the community is located within The Village at Shirlington, a small transit-oriented neighborhood with a host of shopping, dining and entertainment options.

“The Citizen offers the walkable, urban-inspired lifestyle many renters seek in an accessible location close to the Pentagon and jobs throughout the D.C. metro,” said Matthew Masinter, senior vice president of acquisitions at Waterton. “Because the property was developed 25 years ago, it also presented us with an opportunity to add value through strategic improvements that will enhance the marketability of the community.”

On-site amenities at The Citizen include an outdoor pool, grilling stations and five courtyard areas, as well as a resident clubhouse, reservable community room, 7,000-square-foot fitness center and racquetball court.

The Citizen marks Waterton’s fourth multifamily acquisition in 2017.

                                                                                                      

For more information on this news release, please contact:

Gretchen Muller, gmuller@taylorjohnson.com (312) 267-4511

Abe Tekippe, atekippe@taylorjohnson.com (312) 267-4528

www.waterton.com.

www.thecitizenatshirlingtonvillage.com.

(703) 379-4141 

HFF closes sale of and arranges $93.5 million in financing for high-profile mixed-use project in Phoenix, AZ

                                                                                               Photo by Patrick Teng 
High Street Mixed Use Project, Phoenix, AZ

Ryan Gallagher

PHOENIX, AZ –– Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of High Street, a 628,000-square-foot, high-profile mixed-use project containing 99 multi-housing units; 174,705 square feet of retail, dining and entertainment options and 330,369 square feet of office space in Phoenix, Arizona, has closed.

HFF marketed the property on behalf of the seller, City North Associates, LLC, which is a joint venture between a private investment fund managed by Wayzata Investment Partners LLC and ScanlanKemperBard Companies, and procured the buyer, Harbert Management Corporation, which now owns the property in a joint venture with ScanlanKemperBard Companies.

 Additionally, HFF worked on behalf of the new joint venture to secure an acquisition loan through TPG RE Finance Trust.

High Street comprises 24.91 acres located at 5100-5450 East High Street along Loop 101 in northeast Phoenix.  More than 160,000 residents live within a five-mile radius of the project, and the average household income is more than $95,000.

 Completed in 2008, High Street features three- and four-story office and multi-family buildings with ground floor retail plus two parking garages with more than 1,500 spaces total.  Overall occupancy is at 83.7 percent, and major tenants include Sprouts, Kona Grill, La Bocca, Pinspiration, Mellow Mushroom, Blue Martini, Ocean Prime and Modern Margarita. 

CJ Osbrink

The HFF investment sales team was led by senior managing director Ryan Gallagher, managing director CJ Osbrink, senior director Ryan Fitzpatrick and real estate analyst Clark Cashion.

HFF’s debt placement team representing the borrower was led by senior managing directors Jeremy Womack and Tom Wilson.

 For more information on this 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

krmurphy@hfflp.com

www.tpg.com.

www.tpgrefinance.com.

www.harbert.net.

HFF announces $17.8M refinancing of Nexus Canyon Park in Bothell, WA

Nexus Canyon Park Research Center, Bothell, WA

Olga Walsh

SAN DIEGO, CA – Aug. 22, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces a $17.8 million refinancing of Nexus Canyon Park Research Center, a 141,982-square-foot life science and flex/R&D building in the Seattle suburb of Bothell, Washington. 

The HFF team worked on behalf of the borrower, San Diego-based Nexus Properties, Inc. to secure the non-recourse, three-year, floating-rate loan through one of its bank relationships. 

The building is located within the Canyon Park Business Center just north of Interstate 405, approximately 15 miles northeast of downtown Seattle.  Situated on 6.96 acres, the two-story property is 37.8 percent leased to Epoch Pharmaceuticals, Qilu Puget Sound Biotherapeutics Corp. and Acucela.

 Having recently undergone a repositioning of approximately half of the building area, the loan facility will provide adequate dollars to finish the lease-up and stabilization of the asset.

Zack Holderman

The HFF debt placement team representing the borrower included senior managing director Tim Wright, senior director Zack Holderman and senior associate Olga Walsh.

“The quality and commitment of Nexus Properties to the asset allowed us to identify a qualified lender to provide a strong non-recourse loan to complete the business plan,” said Holderman.

 Founded in 1979, Nexus Properties, Inc. is a developer of high-quality corporate facilities, biotech laboratories and flex research and development properties throughout California, Washington and other markets.  www.nexusprop.com

For more information on this 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

krmurphy@hfflp.com

HFF announces $23.35M refinancing for industrial building in northern New Jersey

  

65 South Industrial Street, Passaic County, Clifton, NJ

 

Jon Mikula

FLORHAM PARK, NJ, Aug. 22, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces a $23.35 million refinancing for a 204,000-square-foot industrial building located at 65 South Industrial Street in the Passaic County community of Clifton, New Jersey.

The HFF team worked on behalf of the borrower, a partnership between Tulfra Real Estate and The Hampshire Companies, to place the 10-year, fixed-rate loan with Citizens Bank.  Loan proceeds will be used to refinance the existing construction financing on the property.

The one-building industrial facility recently received a multimillion dollar renovation that included raising the roof to provide a 27-foot ceiling height, new exterior skin, adding six new loading docks (for a total of 24), refinishing the warehouse floors, installing new lighting and sprinklers, adding new mechanical and electrical systems and fitting out 28,000 square feet of office space.

 The speculative redevelopment project is now fully leased to Damascus Bakeries, which will use the building as a second manufacturing facility that will accommodate the company’s growing production needs and its corporate headquarters.

 Damascus will lease its space for a 15-year term and will also take a 50-percent ownership interest in the borrower entity.  Situated on 11 acres, 65 South Industrial Street is located just off Route 3 less than two miles from the Garden State Parkway and seven miles from the New Jersey Turnpike, providing superior access to the surrounding highways while benefiting from a deep labor pool of more than 630,000 people within a five-mile radius.

 The property is approximately 15 miles from Newark Liberty International Airport and the Port of Newark-Elizabeth.  Additionally, the property is 21.5 miles from Manhattan.

Michael Klein

The HFF team included senior managing director Jon Mikula and managing director Michael Klein.

“Citizens Bank quickly understood the benefits that the property’s extensive highway access, deep labor pool, proximity to New York City and unique building specs would provide the tenant and was able to provide an attractive rate,” Klein said. 

“Tulfra and Hampshire did a fantastic job redeveloping this asset into a modern manufacturing/distribution facility, and we were happy to help them put a long-term loan in place that caps off this spec redevelopment project.”

  To stay connected with The Hampshire Companies and for updates on the latest transactions and news follow the company on Facebook (www.facebook.com/hampshireco), Twitter (@hampshireco), and LinkedIn (www.linkedin.com/company/the-hampshire-companies).

For more information on this 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

krmurphy@hfflp.com

www.HampshireRE.com.

http://tulfra.com.

HFF closes $8.87 million sale of market-dominant retail center in Florida Panhandle

                      

Crestview Corners Shopping Center, Crestview, FL

Brad Peterson

ORLANDO, FL –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $8.87 million REO sale of Crestview Corners, a 116,983-square-foot, fully leased, market-dominant community retail center in the Florida Panhandle community of Crestview. 

HFF arranged the sale on behalf of the seller, special-servicer LNR Property, a subsidiary of Starwood Property Trust, Inc.  A partnership of SilverCap Partners LLC and Burton Property Group, LLC purchased the asset free and clear of existing debt.

The 100-percent-leased Crestview Corners is home to a variety of national and regional tenants, including Big Lots, Bealls Outlet, Ashley Furniture, Rent-A-Center, Hibbett Sports and Beef O’Brady’s. 

Situated on 13.5 acres at 2493 South Ferdon Boulevard (State Road 85), the center is the only multi-anchor shopping center in a 10-mile trade area, with the nearest comparable retail concentrations located 22 miles south in Destin and 38 miles west in Pensacola. 

Crestview Corners is on the “going home” side of Ferdon Boulevard half a mile off Interstate 10, which have combined traffic counts of 58,600 vehicles per day. 

Whitaker Leonhardt

 The HFF investment sales team was led by senior managing director Brad Peterson and director Whitaker Leonhardt.

“The market fundamentals throughout the Florida Panhandle are incredibly strong, as indicated by the Crestview MSA leading the state of Florida with an incredibly low unemployment rate of 2.6 percent,” Leonhardt said.

 “Combined with high barriers to entry, these markets have some of the lowest retail vacancy rates in the state.  Retail investors are starting to catch on to the strength of these markets, and we are seeing excellent investment opportunities in this region.”

 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

ohennessey@hfflp.com

www.silvercappartners.com

www.burtonpropertygroup.com.

HFF arranges $50.7 million financing for 6-building retail portfolio in Louisiana markets

Jon Mikula

FLORHAM PARK, NJ –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged $50.7 million in acquisition financing for a six-building portfolio of newly completed, freestanding retail stores fully occupied by Walmart Neighborhood Market and totaling 257,533 square feet in various markets in southern Louisiana.

HFF worked on behalf of the borrower, The Hampshire Companies, Hana Asset Management from Seoul, South Korea, and several of their institutional and retail investors, to place the five-year, interest-only, fixed-rate loan with Protective Life Insurance Company.

The Walmart Neighborhood Market portfolio comprises two stores near Lafayette, the 43,240-square-foot 2310 South Union Street store in Opelousas and the 41,952-square-foot store at 1201 Parkview Drive store in New Iberia;

Also, three New Orleans area properties, the 42,311-square-foot store at 2500 Archbishop Philip M. Hannan Boulevard in Meraux, the 42,311-square-foot 224 West Main Street store in Thibodaux and the 44,237-square-foot store at 6411 West Park Avenue in Houma; and one property near Baton Rouge, the 43,482-square-foot store at 15047 Airline Drive in Prairieville.

Michael Klein

 All the properties are in prime commercial corridors within their respective submarkets.

The HFF team was led by senior managing director Jon Mikula and managing director Michael Klein.

“In order to hit the required investment returns, the borrower needed a portfolio lender that would be able to lock the rate at application and eliminate any interest rate risk and provide a full-term interest only loan,” Klein said.  “Protective Life was able to hold the rate through closing and was able to adapt to many of the twists and turns typically associated with acquiring a portfolio in various geographic locations.”

 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
ohennessey@hfflp.com

To stay connected with The Hampshire Companies and for updates on the latest transactions and news, follow the company on Facebook (www.facebook.com/hampshireco), Twitter (@hampshireco), and LinkedIn (www.linkedin.com/company/the-hampshire-companies).
www.HampshireRE.com.
 

HFF arranges refinancing for Downtown Dadeland in Miami, FL

  

Downtown Dadeland, Miami, FL

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).

Nat Scarmazzi

In addition, the property offers a prominent mix of experiential retail and lifestyle service providers, including West Elm, HCA Healthcare, Orange Theory Fitness, Panera Bread, Chili’s Bar and Grill and Men’s Warehouse.

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.”

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

ohennessey@hfflp.com

http://pebbcap.com

http://duncanhillsley.com