The buyer of the strip shopping center and beneficiary of the financing was The Hampshire Cos., a Morristown, NJ-based real estate investment firm. No further details of the acquisition transaction were released. The 10-year fixed rate financing, put together by HFF senior director Jon Mikula, was arranged through Washington Mutual.
HFF has arranged multiple financing transactions for The Hampshire Cos., according to Mikula. Nationally, HFF's debt, structured finance and investment sales transactions since 1998 have totaled more than $56 billion.
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