REBusinessOnline

ACADIANA CENTRE REFINANCED

FRIENDSWOOD, TEXAS — The Houston office of Holliday Fenoglio Fowler (HFF) has arranged the refinancing of Acadiana Centre, a 39,463-square-foot retail center located at 400 West Parkwood in Friendswood. Constructed in 1997 and renovated in 2007, the multi-tenant center was 96 percent occupied at the time of closing. It is shadow-anchored by H-E-B. Tucker Knight and Brad Ballard of HFF arranged the loan on behalf of Commerce Equities through Enterprise Bank. Proceeds from the loan were used to retire existing debt.

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