Holliday Fenoglio Fowler, L.P. (HFF) announces $18.2 million in financing for Fontaine Business Park, a four-building office portfolio totaling 253,038 square feet in Columbia, South Carolina.

The HFF team worked on behalf of the borrower, Diversified Real Estate Ventures, to secure the five-year, floating-rate loan through Bridge Investment Group. Loan proceeds were used to refinance the property.

Situated within the Columbia MSA, Fontaine Business Park is surrounded by more than 800,000 residents and various employers that are attracted to the state’s second largest MSA. Positioned less than four miles from two major highways, I-20 and I-77, Fontaine Business Park provides excellent access to the greater area and the entire mid-Atlantic region. Columbia’s position as the state capital provides a tangible insulation for the entire real estate market and the surrounding office market. Given its proximity to the state capital the property has historically been around 90 percent leased due to the constant demand from state and local government tenants.

The HFF debt placement team representing the borrower consisted of senior director Jamie Leachman, senior director Cory Fowler and associate Drake Greer.

About Diversified Real Estate Ventures

Diversified Realty Ventures is a privately held real estate investment and advisory firm based in Bethesda, MD. The firm maintains flexible investment criteria to respond quickly to changing market conditions, specializing in assets that are undervalued due to operational or financial distress. Since its founding in 2010, DRV has amassed a portfolio of 1.1 million square feet of office, flex, and retail space as well as over 625 units of multifamily and student housing, in the acquisition and development of over $150 million worth of diversified properties.

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.