HOUSTON--HFF has arranged $60.74 million inpost-closing acquisition financing for GalleriaPlace, two class A office buildings totaling 401,000square feet plus a stand-alone retail site across from theGalleria Mall in Houston.

Working on behalf of the borrower, LPC Realty Advisors ILP, an affiliate of Lincoln Property Co.,on behalf of a pension fund client, HFF placed the three-year,floating-rate, interest-only loan with ACORECapital. HFF also arranged the sale of the propertyearlier in 2015.

Galleria Place consists of Galleria Place I(5251 Westheimer Road), an 11-story, 217,006-square-foot officebuilding; Galleria Place II (5333 WestheimerRoad), a 10-story, 178,468-square-foot office building;Sage Plaza, a 5,797-square-foot retail buildingfully leased to a local high-end salon and tailor; RegionsBank, a single-story bank branch and drive-thru connectedto Galleria Place I and included in its square footage; and twoparking garages with 1,361 spaces. Galleria Place is 53percent leased to tenants including Just Energyand IHS. The properties occupy six acresbounded by Sage and Westheimer roads and West Alabama Streetdirectly across from the Galleria, Houston's premier destinationfor shopping and dining.