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NEW YORK CITY-The Dallas office Holliday Fenoglio Fowler LP has secured $117.7 million in financing for locally based ING Clarion Partners. The borrower secured two separate five-year refinancings for two industrial portfolios totaling approximately 2.7 million sf in Arizona, California, New Jersey and Washington.

HFF managing director John Rose worked exclusively on behalf of ING Clarion Partners to secure the refinancings through Northwestern Mutual. A $70 million, fixed-rate loan was arranged for the Arizona, New Jersey and Washington portfolio and a $47.7 million, fixed-rate loan was secured for the California portfolio.

The portfolios include 11 industrial properties that are 100% occupied. Sources close to the deal could not provide GlobeSt.com with specific locations or further information about the properties at this time. Notable tenants include Payless Shoe Source Distribution Inc., Complete Logistics Co. Inc. and Prime-Line Products Co.

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