FLORHAM PARK, N.J. — HFF has arranged $127.5 million in financing for a 37-property industrial, office and retail portfolio located in suburban Philadelphia and Melbourne, Fla. Working on behalf of The Henderson Group and Trinity Capital Associates, HFF placed the three-year, floating-rate loan with Natixis Real Estate Capital LLC. Proceeds from the loan will be used to refinance existing debt on properties and consolidate ownership under the company founder, Wilbur Henderson. The portfolio includes 2.3 million square feet within 33 industrial facilities, three office buildings and one retail property. Overall occupancy is 87.5 percent, and the three largest tenants in the portfolio include Northrop Grumman, Brokers Worldwide and Harris Corp. The majority of the properties are industrial facilities located in either the Folcroft East Business Park or Folcroft West Business Park near the Philadelphia International Airport. Jim Cadranell, managing director, and Michael Lachs, associate director, led the HFF team representing The Henderson Group and Trinity Capital Associates.
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