HOUSTON — HFF has arranged $50 million in financing for 3040 Post Oak Blvd., a 427,486-square-foot, Class A office building in the Lakes on Post Oak complex adjacent to the Galleria in Houston. HFF worked on behalf of the borrower, MetLife Real Estate Investors, to secure the 10-year, fixed-rate loan through Northwestern Mutual Life Insurance Co. HFF previously marketed and closed the sale of this property, which was purchased by the borrower. 3040 Post Oak Blvd. is located at the intersection of Post Oak Boulevard and Hidalgo in Houston’s Galleria/Uptown District. The property is 80 percent leased to 25 tenants including Bechtel Corp., Carriage Services and Wealth Design Group. Wally Reid Tyler Ford and Matthew Putterman led the HFF debt placement team.
141
previous post