Contacts:
Senior Managing Director
DAVID B. KELLER, 317-630-3191
dbkeller@hfflp.com
or
Associate Director, Marketing
LAURIE FISH MCDOWELL, 617-338-0990
lmcdowell@hfflp.com
INDIANAPOLIS–(BUSINESS WIRE)–The Indianapolis office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured $71.25 million in financing for a 506,195-square-foot, Class A office building in western suburban Milwaukee, Wisconsin.
Working exclusively on behalf of funds managed by Eaton Vance Management, HFF senior managing director Dave Keller placed the 123-month, fixed-rate loan with Principal Global Investors. The securitized loan was used to finance the acquisition of the land and improvements.
The four-story property is located within the Milwaukee County Research Park in Wauwatosa, offering easy access to Interstate 94, the General Mitchell International Airport and downtown Milwaukee. Completed in 2006, the property is leased on a long-term basis to a large diversified corporation.
“The property is the highest quality office asset located in the Milwaukee market,” said Keller.
Eaton Vance and its affiliates manage investments for mutual funds, private equity funds, and individual and institutional clients. Eaton Vance had $161.7 billion in assets under management on October 31, 2007.
HFF (NYSE:HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.
