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HFF arranges $5.65 million refinancing for 1211 Wisconsin Avenue in Washington, D.C.
The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged a $5.65 million refinancing for 1211 Wisconsin Avenue, an 11-story, 11,349-square-foot retail and office building in Washington, D.C.
HFF managing director Kevin Smith worked exclusively on behalf of 1211 Wisconsin Avenue, LLC to secure the five-year, fixed-rate loan with Bank of Georgetown.
Built in 1900 and renovated in 2002, 1211 Wisconsin Avenue has 7,772 square feet of retail space that is fully leased to fashion retailer Bebe and 3,557 square feet of office space that is currently being marketed for lease. The property is located in the Georgetown submarket of Washington, D.C. close to The Shops at Georgetown Park and numerous hotels and restaurants.
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.
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