HFF Arranges $111.5M Financing for Class A Trophy Office Tower in Allston/Brighton Neighborhood of Boston
HFF (HF)
Last hff earnings: 4/24 04:15 pm
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phx.corporate-ir.net/phoenix.zhtml?c=205281&p=irol-irhome
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged $111.5 million in first mortgage financing for 80 Guest Street, a 245,720-square-foot, trophy office and lab property situated in the Boston Landing master-planned development in the Allston/Brighton neighborhood of Boston, Massachusetts.HFF worked on behalf of the borrower, NB Development Group, to secure the fixed-rate loan through MetLife Investment Management.Designed by famed architecture firm Elkus Manfredi, 80 Guest Street was the second asset to deliver in Boston Landing in September 2016. Home to New Balance’s world headquarters, Boston Landing has emerged as the city’s newest live-work-play district and will ultimately comprise 1.9 million square feet of office, retail, residential and hotel space when fully built-out. The project has a dominant presence along the Massachusetts Turnpike feeding into Boston’s central business district and direct access to the MBTA Boston Landing c
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