Printer Friendly
The Free Library
19,569,808 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

$684 Million Construction Loan Arranged by HFF for Upscale Mixed-Use Project in Downtown Bellevue, Washington.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- The New York office of HFF HFF Hochschule für Fernsehen und Film München (Germany)
HFF Heartland Film Festival
HFF Hardy Fern Foundation
HFF Half Forward Flank (football position)
HFF Horizontal Flute Factor
 (Holliday Fenoglio Fowler, L.P.) announced today it has arranged a $684 million construction loan for a 1,600,000-square-foot upscale retail, office and condominium project under construction in downtown Bellevue, Washington Bellevue is a rapidly growing city in King County, Washington, U.S., across Lake Washington from Seattle. Long known as a suburb or satellite city of Seattle,[1] it is now categorized as an edge city or a boomburb. .

HFF senior managing director Mike Tepedino and director Steven Klein worked on behalf of Schnitzer West & Investcorp International, Inc. to secure a construction loan through HSH HSH
abbr.
Her (or His) Serene Highness
 Nordbank.

The Bravern development will include two office buildings totaling 750,000 square feet, an upscale retail collection of approximately 305,000 square feet and two luxury condominium towers totaling 456 units. A below-grade parking garage will offer parking for 3,100 cars with reserved spaces for residents of the condominium towers. Located at 110th Avenue Northeast, The Bravern has a downtown Bellevue location immediately adjacent to Interstate 405 across Lake Washington from Seattle.

Due for completion in October 2008 and May 2009, the Class A office towers will have 12 and 22 stories and are 100% pre-leased to Microsoft. The retail component is projected to open in September 2009 and includes a 125,000-square-foot Neiman Marcus flagship store, which will be the first Pacific Northwest store for the company. The 29-story condominium towers will offer one-bedroom, two-bedroom, sky loft and penthouse units and are projected to be delivered by the first quarter of 2010.

HFF (NYSE NYSE

See: New York Stock Exchange
:HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets 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 advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 and commercial loan servicing.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 5, 2007
Words:281
Previous Article:Ashworth, Inc. Schedules Conference Call to Discuss Third Quarter Fiscal 2007 Financial Results.
Next Article:PFAFF(R) Introduces World's Most Advanced Sewing and Embroidery Machine: CREATIVE VISION(TM).



Related Articles
City to start work after Labor Day on Monroe-Friendly bike route.
Target date funds: is there such a thing as a worry-free investment?
A clear view: Michael Jones ensures NASA and law enforcement get the picture.
GROUNDWATER STORES TO BE PROTECTED CITIES AGREE TO LIMIT PUMPING FROM AQUIFER.
GLENDALE COUNCIL APPROVES TWIN-TOWER CONDO HOMES.
BRIEFCASE.
MUCH-MALIGNED ICEBERG LETTUCE TURNS OVER A NEW LEAF.
Choosing the Right Caulking for Your Project!
Building and Installing a Fence - Basics
Planning Saves Money, when Landscaping Your Property

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles