The Boston office of Holliday Fenoglio Fowler, L.P. (HFF) has arranged an $8.5 million refinancing for Riverview Business Park, a 90,000 s/f office building.
Working exclusively on behalf of Combined Properties, HFF directors Janet Krolman and Greg LaBine placed the seven year, fixed-rate loan with Aetna Life Insurance Company. The loan is refinancing a maturing loan with another life insurance company.
Riverview Business Park is situated on a 6.2-acre site at 300 Commercial St. in downtown, five miles north of Boston. The property is fully leased to three tenants: Comcast Communications, Mystic Valley Elder Services and Combined Properties.
Combined Properties is a full-service real estate investment and development firm specializing in high-quality office, R&D, industrial and retail properties in the northern suburbs of Boston.
HFF operates out of 17 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, advisory services, structured finance, private equity, loan sales and commercial loan servicing.