HFF arranges $17.5m financing for two office buildings

The Hartford and Westport offices of Holliday Fenoglio Fowler, LP arranged $17.5 million in financing for 777 Commerce Dr. and 1375 Kings Hwy. East, two office buildings totaling 91,999 s/f. HFF managing director Tim Breda (HFF Hartford) and director Christine Riniti (HFF Westport) worked exclusively on behalf of the borrower, Abbey Road Fairfield, LLC to secure a three-year, adjustable-rate loan with CIT Lending Services Corporation. Loan proceeds were used to acquire both buildings. 777 Commerce Dr. is a two-story 62,545 s/f building that is 95% leased. The 97% occupied 1375 Kings Hwy. East building has 29,454 s/f.