Friday, September 17, 2010

HFF arranges $8.5 million refinancing for Riverview Business Park in Malden, MA


BOSTON, MA The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has arranged an $8.5 million refinancing for Riverview Business Park, (top left photo)  a 90,000-square-foot office building in Malden, Massachusetts.
Working exclusively on behalf of Combined Properties, HFF directors Janet Krolman (middle right photo)  and Greg LaBine (middle left photo)  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 Street
in downtown Malden, approximately 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.

Contacts:                           JANET N. KROLMAN                               KRISTEN M. MURPHY
                                            HFF Director                                                 HFF Associate Director, Marketing
                                            (617) 338-0990                                               (713) 852-3500
                                            jkrolman@hfflp.com                                    krmurphy@hfflp.com

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