HFF announces the sale and the acquisition financing for an 11-property, Last Mile industrial portfolio totaling 1.63 million square feet in infill, established industrial submarkets in the Dallas-Fort Worth and Atlanta MSAs.

The HFF team marketed the property on behalf of the seller, Berkeley Partners. A partnership led by Circle Industrial with the FREO Group purchased the assets. Additionally, working on behalf of the new owner, the HFF team placed the three-year, floating-rate acquisition loan with two one-year extension options with CIBC.

The portfolio includes seven DFW-area properties that total 1.07 million square feet. The four remaining portfolio properties are housed in the Atlanta area and total 558,583 square feet in the Doraville Industrial market.

The HFF investment advisory team representing the seller included managing director Adam Herrin, director Stephen Bailey and senior managing director Chris Norvell along with managing director Ralph Smalley.

The HFF debt placement team representing the borrower included executive managing director Kevin MacKenzie, senior director Jeff Sause, director Michael Cosby and analyst Spencer Richley.

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.

About Berkeley Partners
Founded in 2005, Berkeley Partners has formed a series of funds focused on the light industrial sector. The partnership includes a seasoned team of professionals with diversified experience in fund management, real estate investment, and property and leasing management. The company and its affiliated entities make-up a vertically integrated real estate operating company, which has demonstrated an ability to manage investments, operations and dispositions through market cycles. Berkeley Partners' industrial platform currently has assets under management totaling over $425 million, including value-add and core-plus strategies. The company's investors include large pension plans, insurance companies, endowments, foundations and family offices. Learn more at berkeleypartners.com.

About Circle Industrial
Circle Industrial is an industrial sector specialist focused on the acquisition, development and operation of properties in select major U.S. markets with high barriers to entry. For more information, visit circle-industrial.com.

About FREO Group
Established in 1996, FREO Group is an independent international investor, developer, and asset manager of high quality commercial real estate, with over $2 billion in assets under management in 15 offices throughout Europe and the U.S. FREO’s past and present portfolio includes more than 40 projects totaling in excess of 16 million square feet across a variety of asset classes including industrial, office, retail, hotel, and residential. To learn more, visit freogroup.com.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.