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CityCentre Five Building Get $48.5 Million Refi

by Realty News ReportJune 27, 2018
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Midway’s City Centre V

HOUSTON – (Realty News Report) – Holliday Fenoglio Fowler (HFF) arranged a $48.51 million refinancing for CITYCENTRE Five, a 201,437-SF, Class A office building within the CITYCENTRE mixed-use urban development in Houston.

The HFF team worked on behalf of the borrower, Midway Companies, to secure the loan through New York Life Real Estate Investors.

CITYCENTRE Five is located at 825 Town & Country Lane at the southeast corner of Interstate 10 and Beltway 8 in Houston’s Energy corridor.  Its location within the 50-acre CITYCENTRE development.

The HFF debt placement team representing the borrower included senior managing director Colby Mueck.

Houston-based Midway is a privately owned real estate investment and development firm. The Midway portfolio of projects completed and/or underway consists of approximately 45 million square feet of properties in 23 states and Northern Mexico ranging from office and industrial facilities, corporate headquarters, mixed-use centers, business and industrial parks, medical facilities, manufacturing facilities, and master-planned resort and residential communities.

June 27, 2018 Realty News Report Copyright 2018
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