United States Hff Tender

Holliday Fenoglio Fowler L.P. HFF announced that it arranged a 17 million refinancing for a fully leased 152692-square-foot industrial and office building in Boulder Colorado.HFF worked on behalf of the borrowers asset manager Manchester Capital Management MCM to place the 10-year interest-only fixed-rate CMBS loan. Loan proceeds are being used to refinance the acquisition loan HFF secured for the borrower when they acquired the property in 2017. Situated on approximately 12.33 acres at 6265 Gunbarrel Avenue the building is within the Gunbarrel Business Park. Approximately 33 miles from downtown Denver the property is in the Northwest submarket one of Denvers largest suburban markets and is 43 miles from Denver International Airport. Completed in 1969 and expanded in 2003 the property is 100 leased to BI Inc. one of the nations leading manufacturers of offender-monitoring products and services and Tecostar Holdings Inc. which provides manufacturing solutions for the medical device and aerospace and defense markets. The building features 152692 square feet of office warehouse and manufacturing space with ceiling heights up to 24 feet and eight grade-level overhead doors with loading docks.