Done Deals: HFF secures $6.5 million refinancing for Burbank, CA

Posted in: Latest News- Nov 14, 2011

LOS ANGELES, CA – HFF announced today that it has secured a $6.5 million refinancing for 100 East Graham Place (top left photo), a 92,688-square-foot, four-building industrial facility in Burbank, California.

Working on behalf of The Luzzatto Company, Inc, HFF placed the five-year, 4.25 percent fixed-rate loan with JP Morgan Chase Bank, N.A.  The loan replaced a maturing loan on the property.

100 East Graham Place is located less than one mile northeast of the Golden State Freeway in Burbank.  The facility is 80 percent occupied by Haskel International, a subsidiary of Hamilton Sundstrand/United Technologies and 20 percent occupied by a videogame developer.  100 East Graham Place is comprised of 40 percent office space and 60 percent industrial space.

The HFF team representing The Luzzatto Company, Inc. was led by director Christopher Vittetoe (middle right photo).

The Luzzatto Company, Inc. and its affiliates are private equity investors.  Among other asset classes, they invest in real estate and real estate-related debt, with existing investments in California, Washington, Oregon, Nevada, Texas, Alabama, Georgia, Illinois and Missouri.

The Luzzatto Companies acquire properties through an equity fund as well as through existing ventures and partnerships with high net worth individuals and institutions.

Christopher Vitteto, HFF Director, (310) 407-2100,
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,

Source: Infinity-PM