HFF Secures $80 Million Acquisition Financing, Brokers Sale of BLVD Place in Houston

by Katie Sloan

Houston, Texas — HFF has secured $80 million in acquisition financing for and brokered the sale of BLVD Place, a 216,692-square-foot mixed-use center located in the Uptown district of Houston.

Whole Foods Market anchors the center, which is 99.2 percent occupied by tenants including Frost Bank, Post, The Boardroom, Verizon, Elaine Turner, Sozo Sushi and True Food. Matt Kafka and Kelly Layne of HFF worked on behalf of the borrower, Whitestone REIT, to secure the 10-year, fixed-rate loan. Kafka, alongside Wally Reid, Rusty Tamlyn, Ryan West, Davis Adams and Trent Agnew of HFF also represented the seller, a partnership between Bailard Inc. and Wulfe & Co., in the sale of the property. 

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