June 15, 2017
Connect Los Angeles is next week on June 21st. Here’s where to get more details and register.
HFF arranged a $125 million refinancing for Plaza El Segundo, a 380,558-square-foot retail center in El Segundo, CA. HFF worked on behalf of the borrower, Rockville, MD-based Federal Realty, to secure the 10-year, fixed-rate loan through PGIM Real Estate Finance.
Completed in 2007, Plaza El Segundo is 97% leased and comprises 13 buildings in three shopping districts: The Plaza, The Collection, and The Edge. The property features a strong tenant line-up that includes Whole Foods, Dick’s Sporting Goods, lululemon athletica, Anthropologie and Salt Creek Grill.
Plaza El Segundo is situated on 36.82 acres at 710-780 Sepulveda Blvd., a dominant intersection with Rosecrans Avenue.
HFF’s debt placement team representing the borrower included Kevin MacKenzie and Matthew Stewart.
For comments, questions or concerns, please contact Dennis Kaiser