The New York office of Holliday Fenoglio Fowler, L.P. (HFF) has arranged a $27 million loan for 7605 Dorsey Run Rd., a 612,900 s/f warehouse facility.
HFF director Steven Klein worked on behalf of Exeter Property Group to secure the five-year, adjustable-rate loan. New York Life Investment Management LLC, the real estate investment manager for New York Life Insurance Co., closed the loan. The class A warehouse facility was completed in 2006 and is nearly one-third leased to Iron Mountain.