HFF Arranges $18.5 Million in Financing for CVS in Washington

Tysons Corner, Va. – HFF worked on behalf of Rappaport to secure the seven-year, fixed-rate loan.

Calkain Companies recently sold the CVS in Tysons Corner, Va., for $24.7 million.Tysons Corner, Va. – HFF has arranged $18.5 million in financing for Rappaport to purchase the newly constructed CVS in Tysons Corner, located across from Tysons Corner Center. HFF worked on behalf of Rappaport to secure the seven-year, fixed-rate loan through EagleBank. Managing Director Mark Remington led the HFF team representing the borrower. Calkain Companies recently sold the nearly one-acre property for $24.7 million, or $1,915 per building square foot. 

— Scott Reid