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HFF Secures Financing for Dallas Market Center

Strategic Insights

— 1 min read

HFF, a leading commercial real estate company, announced that it has secured financing for three buildings totaling 3.3 million square feet at the Dallas Market Center in Texas. The financing was secured on behalf of Crow Holdings, the owner and developer of the complex. The Dallas Market Center is the largest wholesale market center in the world, covering over 110 acres and featuring more than 5.5 million square feet of space.

This hub connects wholesale merchants from around the world with over 75,000 buyers from all 50 states and 80 countries. The market center welcomes approximately 375,000 people to over 50 market events annually, where an estimated $8.5 billion in transactions occur. The complex is home to over 1,200 tenants across various categories, including fashion, accessories, jewelry, lighting, and home accents.

Key Takeaways:

  • HFF secured financing for three buildings totaling 3.3 million square feet at the Dallas Market Center.
  • The complex is owned and developed by Crow Holdings and features over 5.5 million square feet of space.
  • The Dallas Market Center connects over 1,200 tenants with 75,000 buyers from 50 states and 80 countries each year.
  • The market center hosts over 50 events annually, generating approximately $8.5 billion in transactions.
  • The complex is located on 110 acres in northwestern Dallas, near the Dallas-Love Field airport.

Statistics:

  • 5.5 million square feet: The total square footage of the Dallas Market Center.
  • 3.3 million square feet: The total square footage of the buildings financed by HFF.
  • 110 acres: The total area of the Dallas Market Center.
  • 75,000: The number of buyers connected to wholesale merchants at the market center.
  • 50: The number of states represented in the buyers connected to wholesale merchants at the market center.
  • 80: The number of countries represented in the buyers connected to wholesale merchants at the market center.
  • $8.5 billion: The estimated transactions generated at the market center annually.
  • 1,200: The number of tenants renting space in the DMC buildings.
  • 375,000: The number of people welcomed to market events annually.

Sources:

  • HFF, Inc. (NYSE: HF) via Globenewswire, "HFF Secures Financing for 3.3 Million Square Feet of Leased Space at Dallas Market Center."
  • Comtex SmarTrend Alert for CMA (Comerica Incorporated) and HF (HFF, Inc.)

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