HFF ARRANGES $11.4M LOAN FOR VILLAGE OAKS IN PENSACOLA

PENSACOLA, FLA. — HFF has arranged an $11.4 million loan for Village Oaks, a 165,851-square-foot shopping center at 6241-6251 N. Davis Highway in Pensacola. The shopping center is 95.4 percent leased to Bealls, PetSmart, Planet Fitness, Party City, Cato and Plato’s Closet. Chris Drew, Whitaker Leonhardt and Cecily Nazario of HFF arranged the 10-year loan through Prudential Mortgage Capital Co. on behalf of the borrower, RCG Ventures LLC. Greg Krafcik of Prudential Mortgage Capital led the transaction.