HFF Announces Sale and $11M Acquisition Financing of Southwest Florida Grocery-Anchored Community Center

Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of and $11 million acquisition financing of Northpoint Shopping Center, a 115,906-square-foot, grocery-anchored community retail center in the southwest Florida community of Cape Coral, Florida. The HFF team marketed the property on behalf of the seller.  ALTO Real Estate Funds purchased the asset free and clear of existing debt.  Additionally, working on behalf of the new owner, the HFF team placed the 10-year, fixed-rate acquisitio…

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Source: WebWire
HFF Announces Sale and M Acquisition Financing of Southwest Florida Grocery-Anchored Community Center