Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged a $14.15 million refinancing for a five-property industrial portfolio totaling 440,473 square feet in Dallas and Houston metropolitan areas.

Working on behalf of the borrower, Berkeley Partners, HFF placed the five-year, fixed-rate loan with LegacyTexas Bank.

The industrial portfolio comprises 13 buildings in Beltwood Tech Center (Farmers Branch, Texas), Center Point Business Park (Mesquite), Glenville Business Center (Richardson) and Valpointe Business Park (Carrolton), which are all located in Dallas-Fort Worth area, all in separate submarkets. Additionally, the portfolio includes Cypress II Business Center, which is located in Houston’s North Freeway/Tomball Parkway industrial submarket. The multi-tenant properties are leased to a variety of tenants, including Turn Around Communications, Inc.; Security Control System, Inc.; Arsham Gymnastics, Inc.; Texas Metals Industrials, Inc.; Murray Drywall and InterFET Corporation.

The HFF debt placement team representing the borrower was led by director Jeff Sause and senior managing director Kevin Mackenzie along with managing director Adam Herrin.

About Berkeley Partners

Berkeley Partners and its affiliated entities comprise a fully integrated principal investment firm focused exclusively on multi-tenant light industrial real estate. Since 2005, the company and its affiliates have sponsored a series of investment vehicles dedicated to the light industrial sector. The company is one of the premier institutional industrial operators and fund managers. The company and its affiliates currently own and manage over 4.3 million square feet across the U.S. The company's investors include large public pension funds, insurance companies and family offices.

About LegacyTexas Bank

LegacyTexas Bank, a subsidiary of LegacyTexas Financial Group, Inc. (NASDAQ: LTXB), is a commercially oriented community bank based in Plano, Texas. LegacyTexas operates 45 banking offices in the DFW Metroplex and surrounding counties.

About HFF

HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 23 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.