NEW JERSEY—Working on behalf of The Hampshire Companies, HFF has secured $6.7 million in acquisition financing for Burlington Towne Center, a 91,881-sq.-ft. retail center located in Burlington Township, N.J. HFF placed the seven-year, fixed-rate loan with Webster Bank.
The HFF team representing The Hampshire Companies was led by senior managing director Jon Mikula and director Michael Klein.
Located at 2703 Burlington Mount Holly Road, Burlington Towne Center is situated next to the Burlington Center Mall and is in close proximity to the New Jersey Turnpike and Interstate 295. Currently 100 percent leased, tenants include Dick’s Sporting Goods, Office Max, Sleepy’s and IHOP, among others.
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