June 15, 2017 Comments Off on HFF Arranges $125M Refi for Federal Realty’s Plaza El Segundo Views: 414 California News, Los Angeles

HFF Arranges $125M Refi for Federal Realty’s Plaza El Segundo

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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.

Read more at HFF

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