HFF has secured $240 million in permanent financing for One Channel Center and the Channel Center Garage, a new 11-story office complex in Boston’s Seaport District.

The complex consists of a 501,650-square-foot office building and 967-space parking garage occupied by State Street Corp. in June.

The borrower is a joint venture of affiliates of Ares Management LLC and CV Properties LLC. The financing package includes a $190 million first mortgage and a $50 million mezzanine loan. HFF also arraigned the $170 million construction loan for the property in 2012.

HFF Managing Director Anthony Cutone and senior real estate analyst Brett Paulrus led the HFF debt placement team.

One Channel Center Gets $240M In Permanent Financing

by Banker & Tradesman time to read: <1 min
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