$140 Million in Refinancing Arranged by HFF for Two Virginia Community Retail Centers.

HARTFORD, Conn. -- The Hartford office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged $140 million in financing for Fair City Mall and Plaza at Landmark, open-air community retail centers totaling 843,000 square feet in Fairfax and Alexandria, Virginia.

HFF senior managing director Dana Brome worked exclusively on behalf of the borrowers, Fair City HHH, LLC and Landmark HHH, LLC, in securing two 10-year, fixed-rate securitized loans through conduit lender Morgan Stanley Mortgage Capital, Inc. A $71 million loan was secured for Fair City Mall and a $69 million loan was secured for Plaza at Landmark; both replace financings arranged by HFF through Morgan Stanley Mortgage Capital in 2002.

Fair City Mall has 406,578 square feet of gross leasable area (GLA) that is more than 95% leased to tenants including Shoppers Food Warehouse, Lifetime Fitness, Bed Bath & Beyond and Marshall's. The 33.1-acre site is located at the intersection of Routes 236 (Main Street) and 237 (Little River Turnpike) in Fairfax.

The 437,308-square-foot GLA Plaza at Landmark is located at 6198-6244 Little River Turnpike just north of Interstate 395 in Alexandria. Tenants including Shoppers Food Warehouse, Bally's Total Fitness, Marshall's and Ross Dress for Less occupy more than 95% of the property.

HFF (NYSE:HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital market services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sale and note sales advisory services and commercial loan servicing.