HFF Secures $160M in Acquisition Financing for DC’s Washington Harbour
- Aug 02, 2010
August 2, 2010
By Allison Landa, News Editor
The Washington, DC office of Holliday Fenoglio Fowler L.P. has arranged $160 million in financing for the Class A, two-building mixed-use Washington Harbour development on the city’s Potomac River.
Located at 3000 and 3050 K Street, N.W. in the Georgetown submarket, the property’s two towers total 532,601 square feet. That breaks down to 456,376 square feet of office space and 76,225 square feet of retail. The property is 86 percent leased to more than 20 tenants including law firms Foley & Lardner and Kelley Drye & Warren.
HFF senior managing director Bill Asbill and Bob Donhauser as well as managing director Cary Abod secured the five-year, fixed-rate loan with MetLife Real Estate Investments. They worked exclusively on behalf of Rockpoint Group and MRP Realty.
Operating out of 17 officees nationwide, HFF provides commercial real estate and capital markets services. Rockpoint Group is a global real estate investment management firm with offices in the U.S., Europe and Asia.