HFF Secures $84.78MM Refinancing of Class A Office Campus in North San Jose

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SAN FRANCISCO, CA – August 31, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces an $84.78 million refinancing for 4300 and 4400 North First Street, a two-building Class A office campus totaling 376,664 square feet in North San Jose, California.

The HFF team worked on behalf of the borrower, The Carlyle Group, to secure the five-year, floating-rate loan.

4300 and 4400 North First Street are located at the intersection of North First Street and Highway 237 in the Innovation Triangle submarket of Silicon Valley.  The 8.26-acre site features highway visibility and access to a robust amenity base, including @First, a Target-anchored shopping center located across the street; Levi’s Stadium; the Norman S. Mineta International Airport and access to local freeways, including Interstates 280, 680 and 880 and US Highway 101, providing access to the entire Bay Area.  Completed in 2000, 4300 and 4400 North First Street are both three-story, steel-framed office buildings featuring 63,000-square-foot floorplates.

The HFF debt placement team representing the borrower included director Chris Gandy and associate Christie Donnelly.

Holliday Fenoglio Fowler, L.P., acting by and through Holliday GP Corp., a real estate broker licensed with the California Department of Real Estate, License Number 01385740.

About The Carlyle Group
The Carlyle Group is a global alternative asset manager with more than $170 billion in assets under management across 299 investment vehicles.  Founded in 1987 in Washington, D.C., Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,550 professionals operating in 31 offices in North America, South America, Europe, the Middle East, Africa, Asia and Australia.

About HFF
HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry.  HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing.  Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF).  For more information please visit hfflp.com or follow HFF on Twitter @HFF.

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