ON BEHALF OF DEVCON ENTERPRISES, INC.
HOLLIDAY FENOGLIO FOWLER ARRANGES $14.25M REFINANCING FOR BIG
Y PLAZA
MANCHESTER, CT. - The Hartford office of
Holliday Fenoglio Fowler, LP has arranged a $14.25 million
refinancing for Big Y Plaza.
Working exclusively on behalf of Devcon Enterprises,
Inc., HFF senior managing director Dana Brome and director
Susan Larkin placed a 10-year fixed-rate loan through Morgan
Stanley Mortgage Capital. Devcon Enterprises has
acquired or developed approximately 3,700 multifamily units
and more than 2.6 million s/f of commercial/retail space
since its inception in 1976.
Big Y Plaza is a 105,330 s/f fully occupied
grocery-anchored shopping center located on 20 acres at 234
Tolland Tpke. off I-84. West Coast Video, Century
Buffet, and L.A. Weight Loss Centers are among the tenants.
HFF operates 17 offices nationwide, and in combination with
affiliate HFF Securities LP is a dominant real estate
investment banking firm. HFF offers clients a full range
of capital solutions and services including debt, equity,
financial advisory, investment sales, note sales and loan
servicing.
|
