PRESS RELEASE: HFF Arranges $11.24 Million Financing for Urban Retail Center in Burbank, California

IRVINE, CA – HFF announced today that it has arranged $11.24 million in financing for The Burbank Collection, a 39,428-square-foot urban retail center in Burbank, California.

HFF worked on behalf of the borrower, a joint venture between GPI and KBS Capital Advisors, to secure the three-year, 2.53 percent, floating-rate loan through a regional bank. 

The Burbank Collection is located just off Interstate 5 along the main pedestrian thoroughfare in downtown Burbank and within three miles of the NBC, Warner Bros. and Disney entertainment studios.  Built in 2008, tenants include Barney’s Beanery, Panera Bread, Skechers, Johnny Rockets and Pinkberry.  The property is shadow-anchored by one of the top performing AMC Theatre’s in the nation as well as Macy’s and Ikea.

The HFF team representing the borrower was led by senior managing director Kevin Mackenzie and associate director Greg Brown.

GPI is a full-service commercial real estate investment and operating platform, which specializes in the acquisition, development, repositioning and management of office, retail, multifamily and mixed-use properties located on the West Coast of the United States.  The Principals of GPI bring more than 85 years of combined experience, delivering more than 20 million square feet of award-winning urban projects with a capitalized value in excess of $2.5 billion. For more information, visit

KBS Capital Advisors is an affiliate of KBS Realty Advisors, a private equity real estate company and SEC-registered investment advisor founded in 1992.  Since its inception, KBS Realty Advisors and its affiliated companies have completed transactional activity of approximately $25 billion via 14 separate accounts, six commingled funds, five sovereign wealth funds and five non-traded REITs.  For information visit

HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF).  HFF operates out of 21 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing.  For more information please visit www.hfflp.comor follow HFF on Twitter at    

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