HFF Secures $165.75 Million Refinancing for 25-Property Industrial Portfolio in Colorado, Georgia, Minnesota and Texas

DALLAS--()--Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured a $165.75 million refinancing for a 25-property, four million-square-foot light industrial portfolio with buildings located in Atlanta, Dallas, Denver, Houston and Minneapolis.

HFF worked on behalf of the borrowers, subsidiaries within the light industrial platform of Colony Capital, Inc., to arrange the 10-year, fixed-rate loan through Prudential Mortgage Capital Company.

As of June 30, 2015, the portfolio was 97 percent leased and housed 69 tenants across 25 properties located in infill, established industrial submarkets. The portfolio is approximately 14 percent office finish, and the buildings have clear heights ranging from 24’ to 32’.

The HFF debt placement team representing the borrowers was led by executive managing director Jody Thornton, senior managing director John Rose, director Gregg Shapiro and associate director Leon McBroom.

About Colony Capital, Inc.

Colony Capital, Inc. is a leading global real estate and investment management firm headquartered in Los Angeles, California, with 14 offices in 10 countries and more than 300 employees. Prior to its combination with Colony Financial, Inc. in 2015, Colony Capital, LLC sponsored $24 billion of equity across a variety of distinct funds and investment vehicles that collectively invested over $60 billion of total capital. The company targets attractive risk-adjusted investment returns and its portfolio is primarily composed of: (i) general partner interests in company sponsored private equity funds and vehicles; (ii) real estate equity; and (iii) real estate and real estate-related debt. The company has elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes. Learn more at www.colonyinc.com.

About HFF

HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.

Contacts

HFF
Joe B. Thornton, Jr., 214-265-0880
jthornton@hfflp.com
Executive Managing Director
or
Kristen M. Murphy, 617-338-0990
krmurphy@hfflp.com
Associate Director, Marketing

Release Summary

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured a $165.75M refinancing for a 25-property, four million-square-foot light industrial portfolio.

Contacts

HFF
Joe B. Thornton, Jr., 214-265-0880
jthornton@hfflp.com
Executive Managing Director
or
Kristen M. Murphy, 617-338-0990
krmurphy@hfflp.com
Associate Director, Marketing