The financing was arranged by senior managing director JayMarshall and director Elizabeth Paolella of the Westport, CT officeof Holliday Fenoglio Fowler, the commercial mortgage banking firm.The seven-year, fixed-rate securitized financing was securedthrough JP Morgan Mortgage Capital, a conduit lender.
300 Harmon Meadows sits on a six-acre site within the HarmonMeadow Corporate Plaza, adjacent to a half-acre site that is undera long-term land lease to Hampton Inn. Built in 1983, the buildingis currently 100% leased to 13 tenants, led by Bank of AmericaCorp. and Bank One Corp.
"Many of the tenants have invested heavily in their space,"according to Marshall. "That includes Bank of America, which usedits space as a disaster recovery center after the September 11thterrorist attacks."
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