Austin, Texas — HFF has arranged $47.8 million in acquisition financing for Brodie Oaks Shopping Center, a 322,590-square-foot, grocery-anchored shopping center and office building located in Austin.
The property features 285,044 square feet of retail and 37,546 square feet of office space. Sprouts Farmers Market anchors the retail portion of the property, which is also home to tenants including Hobby Lobby, Neiman Marcus Last Call, Olive Garden, Performance Bicycle and Starbucks Coffee.
Colby Mueck, Kyle Spencer and Matthew Putterman of HFF worked on behalf of the borrower, Lionstone Investments, to place the 10-year, floating-rate loan with JPMorgan Chase Bank. Jim Batjer and Barry Brown of HFF also represented the undisclosed seller in the sale of the property to Lionstone.