HFF Archives

HFF closes $12.45M sale of Tempe distribution center

HFF, WEB

HFF announced Monday that it has closed the sale of Normal Junction Distribution Center, a two-building, 140,314 SF distribution center in Tempe, Ariz. HFF marketed the property on behalf of the seller, American Realty Advisors.  Industrial Property Trust purchased the center for $12.452 million free and clear of existing debt. Normal Junction Distribution Center is… Read More →

HFF arranges acquisition financing for Camelback Center

HFF OM - Camelback Center

HFF announced it has arranged acquisition financing for Camelback Center, a 32,963-square-foot, CVS-anchored retail center in Phoenix. HFF worked on behalf of a private real estate fund advised by Crow Holdings Capital- Real Estate to secure the fixed-rate loan through Guggenheim Commercial Real Estate Finance, LLC.  Loan proceeds were used to acquire the property. Camelback… Read More →

HFF finances multifamily property in Chandler, Ariz.

San Brisas

HFF announced that it has arranged financing for two garden-style multi-housing communities – San Brisas in Chandler, Arizona and The Preserve at Arbor Hills in Plano, Texas. HFF worked on behalf of Pure Multi-Family REIT LP, to secure the seven-year loan through Northwestern Mutual.  Loan proceeds were used to acquire the properties. San Brisas is… Read More →

Freeport Distribution Center sells for $12.17M

Freeport Distribution Center, HFF, WEB

HFF announced Monday that it has closed the sale of Freeport Distribution Center, a two-building, 219,240-square-foot distribution center in Phoenix. HFF marketed the property on behalf of the seller, IDI Gazeley, part of Brookfield Logistics Properties under the Brookfield umbrella.  An affiliate of Lincoln Property Company purchased the center for $12.17 million free and clear… Read More →

Lincoln Property Co. acquires Freeport Distribution Center

Freeport Distribution Center, WEB

Lincoln Property Company (LPC) has acquired the two-building, 219,240-square-foot Freeport Distribution Center industrial project in southwest Phoenix. Freeport Distribution Center is located at the northwest corner of Buckeye Road and 51st Avenue, just minutes from the Phoenix Sky Harbor International Airport. The project is a close-in infill site offering immediate connectivity to the I-10, I-17… Read More →

HFF secures financing for independent living community

Discovery Point
by in AZRE Magazine | Brokerage

HFF has announced that it has secured $6.5 million in financing for Discovery Point, a 183-unit, independent living community in Mesa, Arizona. HFF worked on behalf of the borrower, Campbell-Hogue & Associates, Inc., to secure the seven-year, fixed-rate loan through a national lender that will securitize the loan. Discovery Point is a full-service, seniors independent… Read More →

HFF arranges $14M in joint venture equity for Scottsdale condo project

Envy Condominiums rendering, WEB

HFF announced today that it has arranged $14M in joint venture equity for the development of Envy, a 90-home, mid-rise condominium project in downtown Scottsdale’s Entertainment District. HFF worked on behalf of the borrower, Deco Communities, to secure joint venture equity from an alternative investment manager. Envy will be situated on a one-acre site at… Read More →

HFF secures joint venture equity for industrial acquisition

43rdAvenueLogisticsCenter, WEB

HFF announced today that it has secured joint venture equity for the acquisition of 43rd Avenue Logistics Center, a new state-of-the-art, 394,775-square-foot industrial facility located in Phoenix. HFF worked on behalf of the buyer, Cohen Asset Management, in arranging the joint venture equity in an off market transaction. Equity proceeds were used to purchase the… Read More →