HFF Arranges $278.4M Loan for Colony Square Redevelopment in Atlanta
ATLANTA — HFF has arranged $278.4 million in financing for the redevelopment of Colony Square, an office/retail complex in Midtown Atlanta. The loan will go to Houston-based Lionstone Investments and Cincinnati-based North American Properties for the project, which is already underway. The loan will retire the existing financing and fund future redevelopment plans. Blackstone Mortgage Trust provided the capital. The new Colony Square will feature more 1 million square feet of office and retail space. It will also feature iPic, a movie theater with nine auditoriums and farm-to-glass cocktails. Anticipated completion is late 2020.