149.54 million construction loan arranged by HFF for Class AA office development in Denver, Colorado

The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged a $149.54 million construction loan for 1800 Larimer, a 495,998-square-foot Class AA, Platinum LEED pre-certified office development in Denver, Colorado.

HFF senior managing director Trey Morsbach and associate director Clint Corn worked exclusively on behalf of Westfield Development Partners to secure the 42-month, adjustable-rate loan through Wachovia Bank, N.A. Westfield Development Partners is the development arm of Denver-based Frederick Ross Company.

The planned 22-story office tower, which is scheduled for completion in 2010, is approximately 70% pre-leased to tenants including Xcel Energy, Frederick Ross Company and Citywide Bank. The site is situated on a half city block between 18th and 19th Streets at Larimer Street, on the edge of Denver’s Lower Downtown area. The building will feature a raised floor air distribution system, fitness center, conference room and garden terrace.

“Given the property’s strategic site and state-of-the-art amenity base, 1800 Larimer is well positioned to capitalize on a dynamic market and set new standards for office product in Denver,” said Morsbach.

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.