MIAMI-Holliday Fenoglio Fowler, LP has arranged $79 million in financing for an 11-building office portfolio adjacent to Miami International Airport in Miami. A Hines REIT subsidiary has obtained the loan for Airport Corporate Center, a 1,019,048-square-foot Class A office portfolio.
The 11 buildings comprise single-story office, suburban office and warehouse uses. HFF secured the 10-year, fixed-rate mortgage for the borrower through John Hancock Life Insurance Company. Paul Stasaitis, Ignacio Portuondo and Chris Drew of HFF represented the borrower in the deal. For the full story, go to Florida Real Estate Journal .
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