Klein and Mikula of HFF secure $11.8 million in financing; arranged seven-year, fixed-rate loan for Hampshire Cos.

HFF has secured $11.8 million in financing for a 65,000 s/f freestanding ShopRite supermarket. Working exclusively on behalf of The Hampshire Companies, HFF placed the seven-year, fixed-rate loan with a life insurance company. Loan proceeds were used to acquire the property. Constructed in 2012, the property is fully leased to Wakefern Corporation, who operates the ShopRite supermarket. The store is located at 711 Central Avenue close to Interstate 90. The HFF team representing The Hampshire Companies was led by director Michael Klein and senior managing director Jon Mikula. "The rate was originally locked 12 months ago as a forward commitment," said Klein. "This enabled the borrower to take the interest rate risk off the table while they completed this complex acquisition structure."

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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CBRE leases 9,527 s/f to Cypress Creek Renewables at 530 Fifth Ave.

Columns and Thought Leadership

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