HFF ARRANGES $100 MILLION LOAN FOR DARPA IN VIRGINIA

ARLINGTON, VA. — Holliday Fenoglio Fowler's (HFF) Washington, D.C. office has arranged a $100 million permanent loan for the future headquarters of Defense Advanced Research Projects Agency (DARPA) in Arlington. Located at 675 N. Randoplh St., the 13-story, 355,000-square-foot office project is the first phase of the 1.2 million-square-foot Founders Square mixed-use development. The Sooshan Company is handling the development of the facility, which is designed by RTKL. Completion is scheduled for 2012. Bill Asbill, Bob Donhauser and Dan McIntyre of HFF represented the borrower, Ashton Park Associates I, to secure the 15-year, fixed-rate loan from Prudential Mortgage Capital Co.