DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announces the $8.9 million refinancing of Hahns Peak Two, a 54,025-square-foot office building at Centerra, a 3,000-acre master-planned community in Loveland, Colorado, developed by McWHINNEY.
The HFF team worked on behalf of the borrower, McWHINNEY, to secure the 10-year, 4.54 percent, fixed-rate loan through a regional bank.
Hahns Peak Two, located at 1880 Fall River Drive, is a two-story office building centrally positioned in Centerra that was added as the second phase of a two-building office development, immediately adjacent to Hahns Peak One. The property was completed in June 2016 and is currently leased to three office tenants: Pinnacle Agriculture Distribution, Inc.; Olsson Associates, Inc. and Liebert Corporation. Hahns Peak office campus is within walking distance to The Marketplace at Centerra, a 500,000-square-foot retail power center. This Loveland location has direct access to Interstate 25 and Highway 34, is approximately 55 miles north of Denver, and is directly south of the Fort Collins/Loveland Airport and Colorado State University, one of the leading agricultural schools in the country.
The HFF debt placement team representing the borrower included senior managing director Eric Tupler and director Brock Yaffe.
About McWHINNEY
McWHINNEY is a Colorado-based Real Estate Development firm with offices in Loveland and Denver, comprising a team of talented professionals who are passionate about creating great places and providing fabled experiences. Since 1991, McWHINNEY has planned and developed more than 6,000 acres of innovative and sustainable master-planned communities and more than 6.5 million square feet of vertical commercial and mixed-use properties throughout the Rocky Mountain region and the West Coast. Over the years, McWHINNEY has been recognized for significant real estate development contributions, including being named Colorado’s “Developer of the Year” by the National Association of Industrial and Office Properties (NAIOP), winner of the Urban Land Institute’s (ULI) Global Awards for Excellence, The Denver Business Journal (DBJ) Real Estate Champions – Catalyst Award for Denver Union Station and the Development Deal of the Year for Denver Union Station by NAIOP. McWHINNEY has been ranked 11 and 13 on the list of the Best Small and Medium-Sized Companies to work for in America. For additional information, visit mcwhinney.com.
About HFF
HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.
