$116.5 Million Construction Loan Arranged by HFF for Arlington, Virginia Office Development
December 05, 2011 7:04 PM
HFF announced today that it has arranged a $116.5 million construction loan for Monument View, a 317,000-square-foot office development in Arlington, Virginia.
HFF worked exclusively on behalf of the borrower, Monument Realty, to secure the loan agented by RBS Citizens N.A.
Due for completion at the end of 2013, the development is a build-to-suit for The Boeing Company, a Fortune 30 aerospace and defense company. The first phase of Monument View will have a seven-story, 186,000-square-foot building and a five-story, 131,000-square-foot building. The development is located on a 4.7-acre site along South Old Jefferson Davis Highway adjacent to the Pentagon, Reagan-National Airport and Interstate 395 at the north end of Crystal City, offering unparalleled views of the Potomac River and Washington monuments.
The HFF team representing Monument Realty was led by Bill Asbill, Bob Donhauser, Stephen Conley and Dan McIntyre.
Monument Realty is an award-winning real estate development, leasing and management firm. The firm's diverse portfolio includes urban and suburban office, mixed-use, residential and hotel properties.
Holliday Fenoglio Fowler, LP (“HFF”) and HFF Securities LP (“HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 19 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, advisory services, structured finance, private equity, loan sales, and commercial loan servicing. www.hfflp.com.
HFF
William S. Asbill, 202-533-2500
Senior Managing
Director
wasbill@hfflp.com
or
Daniel
J. McIntyre, 202-533-2500
Director
dmcintyre@hfflp.com
or
Kristen
M. Murphy, 713-852-3500
Associate Director, Marketing
krmurphy@hfflp.com







