HFF secures $27m in financing for two Fenway buildings
HFF, a provider of commercial real estate services, said that it has secured $27 million in financing for 1249 and 1255 Boylston St., a two-building office and retail portfolio totaling about 70,000 square feet in the Fenway neighborhood of Boston.
HFF said it worked on behalf of Samuels & Associates, a Boston developer that manages and leases properties, to refinance existing debt. HFF added that it placed the fixed-rate loan with Boston Private Bank & Trust Company.
Built in the 1920s, the two buildings were renovated in 1990 and are currently fully leased; tenants include CVS, Partners Healthcare, Guitar Center, and Nextel, HFF said.Chris Reidy can be reached at firstname.lastname@example.org.