BOSTON-Broadway Real Estate Fund III LP, a unit of New York-based Broadway Partners, has obtained $95 million in refinancing for its 15-story, Class A office building at 116 Huntington Ave. in the Back Bay neighborhood of Boston. The company secured the adjustable-rate loan for the 264,000-square-foot building through RBC Real Estate Capital Partners, a division of RBC Capital Markets.
Completed in 1991, 116 Huntington Ave. comprises retail space on the ground floor and a 120-space parking garage. HFF arranged the loan for the owner. For the full story, go to Boston Business Journal .
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