CHICAGO — Denholtz Associates has received a $29 million loan for the refinancing of a five-property office and industrial portfolio located in Illinois and Florida. The portfolio, which totals 649,586 square feet, features four assets in suburban Chicago and 7129 University Blvd. in Winter Park, Fla. The Illinois properties include 1050-1138 Tower Lane in Bosenville; 747 N. Church Road in Elmhurst; 2625 Butterfield Road in Oak Brook; and 625-701 Executive Drive in Willowbrook. The portfolio is 84 percent leased to 117 different tenants and includes 56 percent office, 30 percent flex and 13 percent warehouse/industrial space. Natixis Real Estate Capital Inc. provided the five-year loan. Proceeds from the loan were used to repay an existing mortgage. Jon Mikula, senior managing director, and Michael Klein, director, of HFF represented Denholtz Associates in the transaction.
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