HFF Secures $100 Million for The Shops at Park Lane

by Nate Hunter

Dallas — The Shops at Park Lane includes retail, office and multifamily space.

Dallas  — HFF has arranged a $100 million, long-term loan for a portion of The Shops at Park Lane, a 1.2 million-square-foot mixed-use development in Dallas. The property consists of 600,000 square feet of retail, 340,000 square feet of office space and the 325-unit The Heights at Park Lane. Retail tenants include Whole Foods, Dick’s Sporting Goods, Nordstrom Rack, Saks Off Fifth, Bloomingdale’s — The Outlet Store, HomeGoods, Old Navy, Gordon Biersch and Grimaldi’s Pizza. Office tenants include Kosmos Energy and the Art Institute of Dallas. Travis Anderson and Jim Curtin of HFF secured the loan through ING Investment Management on behalf of the borrower, Northwood Investors.

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