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.



