KFG Invest in Tech Ridge

DALLAS, TX – HFF arranges joint venture equity and refinancing for industrial portfolio in Austin, Texas. HFF announced today that it has arranged a joint venture between Live Oak-Gottesman Company and KFG Investment Company for a 204,000-square-foot industrial portfolio in Austin, Texas. In addition, HFF secured a refinancing for one of the buildings in the portfolio.

HFF worked exclusively on behalf of Live Oak-Gottesman Company and KFG Investment Company to secure the joint venture debt financing through Principal Global Investors.

The properties are located near the intersection of Interstate 35 and West Howard Lane within Tech Ridge, a 1,000-acre multi-use business park in Austin, Texas. The portfolio consists of three, Class A industrial buildings totaling 204,000 square feet that are 94 percent leased to six tenants including NCS Pearson, Inc., Ultra Clean Technology, Dynamic Manufacturing, Anixter, Inc. and Finisar Corporation.

The HFF equity placement team representing the Live Oak-Gottesman Company included senior managing director Randy Baird, managing director Jud Clements and director Robby Rieke. Senior managing director Mona Carlton represented the borrower in the debt placement portion of the transaction.

For almost 40 years, the principals and professionals who merged to form Live Oak-Gottesman, LLC have represented a leading force in Central Texas commercial real estate. Live Oak-Gottesman is the product of a strategic merger of three respected organizations: Live Oak Group, The Gottesman Company and the leasing and property management divisions of Trammell Crow Company.

Formed in early 2007, Live Oak-Gottesman, LLC is a vertically integrated, full-service commercial real estate firm with diverse holdings and operations spanning the industrial, office, retail and land development sectors of the Central Texas market.

KFG Investment Company was formed in 1984 as the general partner and managing agent for a diversified family- owned company that includes commercial and industrial real estate; residential land and residential master- planned communities; and private equity investments including hedge funds and other securities. Headquartered in Southern California, KFG is expanding its holdings both in California and in Central Texas with current acquisitions of both industrial and multi-housing properties. This is their third investment in Austin to date.

Holliday Fenoglio Fowler, LP (“HFF”) and HFF Securities LP (“HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 21 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, advisory services, equity placement, loan sales, and commercial loan servicing.



KFG Investment Company KRISTEN MURPHY

HFF Senior Managing Director HFF Director President/COO HFF Associate Director, Marketing

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