MetLife Real Estate Investments provided the seven-year, 6.25%fixed-rate loan, which replaced maturing CMBS loans and a bankloan, according to Kevin MacKenzie, a managing director in HFF'sDallas office who helped arrange the loan.

"There was strong interest from a variety of capital sourcesincluding portfolio lenders that had the ability to finance theentire loan without any participation," MacKenzie tellsGlobeSt.

Situated between Texas Highway 114 and Southlake Boulevard,Southlake Town Square is an 841,029 square-foot, mixed-usedevelopment that was completed in six phases over the past 10years. The Inland Western Retail REIT's refinancing covers fourphases that total 507,500 square feet. The total developmentcontains more than 150 tenants including: Harkin's Theatre,CitiFinancial, Barnes and Noble, The Container Store, BananaRepublic, Gap, Victoria's Secret, Brooks Brothers, and a variety ofother well-known national retailers and restaurants.