February 1, 2018

HFF discloses hand in Vance deal

Photo by William Wright Photography [enlarge]
Joseph Vance Building

As reported earlier this month, the Joseph Vance Building and its small companion, the Sterling Building, sold for $43 million. Brokers were not divulged at the time. Now Holliday Fenoglio Fowler has announced that its team of Dave Otis, Michael Leggett, Gerry Rohm and Logan Greer represented the seller, the Jonathan Rose Cos. HFF also procured the buyer, a joint venture of GreenOak and Brickman. And HFF also arranged $35.5 million in financing for the buyer. Casey Davidson and Peter Smyslowski arranged the debt placement. HFF says the two buildings total 130,786 square feet.