HFF secures $98 million financing for Jefferson Plaza I & II in Arlington, Virginia

The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured a $98 million financing for Jefferson Plaza I & II, office buildings totaling 517,305 square feet in Arlington, Virginia.

HFF senior managing directors Bob Donhauser and Bill Asbill worked on behalf of Lowe Enterprises to secure an adjustable-rate acquisition loan through Anglo Irish Bank.

Jefferson Plaza I & II are located at 1411 and 1421 Jefferson Davis Highway respectively, less than one mile from Reagan National Airport and Interstate 395 in Arlington. The property was renovated in 1996 and is currently 97% occupied by the General Services Administration (GSA) among other tenants.

Lowe Enterprises is a leading national real estate investment, development and management firm. The firm currently manages in excess of $6 billion of investments on behalf of its investment clients and partners.

HFF (NYSE: 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 sales and note sale advisory services and commercial loan servicing.