HOUSTON – (Realty News Report) – Holliday Fenoglio Fowler (HFF) has arranged a $48.51 million refinancing for CITYCENTRE Five, a 201,437-square-foot Class A office building located within the CITYCENTRE mixed-use development in Houston.
The HFF team secured the loan on behalf of the borrower, Midway Companies, with financing provided by New York Life Real Estate Investors.
CITYCENTRE Five is situated at 825 Town & Country Lane at the southeast corner of Interstate 10 and Beltway 8 in Houston’s Energy Corridor, within the 50-acre CITYCENTRE development that blends office, retail, dining and residential uses.
The HFF debt placement team representing the borrower was led by Senior Managing Director Colby Mueck.
Midway, based in Houston, is a privately owned real estate investment and development firm. Its portfolio includes approximately 45 million square feet of completed and in-progress projects across 23 states and northern Mexico. Midway’s developments span office and industrial buildings, corporate headquarters, mixed-use centers, business and industrial parks, medical and manufacturing facilities, and master-planned resort and residential communities.
