The Real Deal Miami

Miami’s Airport Corporate Center gets $79M in financing

September 08, 2011 11:08AM

Holliday Fenoglio Fowler announced it had arranged $79 million in
financing for Airport Corporate Center, a Class-A office portfolio next
to Miami International Airport. HFF worked on behalf of the borrower, a
subsidiary of Hines REIT, to secure a 10-year, fixed-rate loan through
John Hancock Life Insurance. “The quality of Airport Corporate Center,
considered one of the most prominent and highly recognized Airport West
office parks, is exceptional,” said Paul Stasaitis, senior managing
director at HFF, who was joined on the deal by directors Chris Drew and
Ignacio Portuondo. — Alexander
Britell