Oct
02
HFF Secures $47M Financing for Austin Shopping Center
ByThe firm placed the 10-year, floating-rate loan on behalf of Lionstone Investments.
4006 S. Lamar Blvd., Austin, Texas
Austin, Texas—HFF has arranged $47.7 million in post-acquisition financing for Broadie Oaks, a grocery-anchored shopping center and office building in Austin, Texas.
The 322,599-square-foot building situated on 30.34 acres at 4006 S. Lamar Blvd. was 92 percent leased at the time of the deal. The property comprises 285,044 square feet of retail and a 37,546-square-foot office building known as Broadie Oaks Professional Plaza…
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