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Finance
Posted: October 10, 2007
HFF arranges $31.5 million financing for the Dunkin' Brands 175,000 s/f headquarters
The Boston office of Holliday Fenoglio Fowler, L.P. (HFF) has arranged $31.5 million in financing for the Dunkin' Brands headquarters.
HFF senior managing director Bob Herron and director Greg LaBine worked exclusively on behalf of the borrower, H.N. Gorin, Inc. to secure a fixed-rate loan through Allstate Investments, LLC. The loan will be serviced by HFF and proceeds are being used to acquire the property. H.N. Gorin is a Boston-based real estate investment and development company.
Completed in 2002, the Dunkin' Brands headquarters has 175,000 s/f of class A office space that is fully leased to Dunkin' Brands, which includes the Dunkin' Donuts and Baskin Robbins brands. The property is located at 130 Royall St. right off Rte. 128 at the I- 93/95 interchange, 10 miles southwest of Boston.
"Despite the current market volatility, Allstate Investments held to all the terms and conditions that were negotiated at the beginning of the process," said LaBine.
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