Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured a $120 million refinancing for Cityplace Tower, a 42-story, 1.35 million-square-foot, Class A office tower in Dallas, Texas. Working on behalf of Parmenter and Angelo, Gordon & Co., HFF placed the loan with Starwood Property Trust. The loan is interest-only for the full term and was used to refinance the existing debt and provide capital for future tenant improvements, leasing commissions and capital expenditures. Situated along North Haskell Avenue in the north end of Dallas' Uptown District, Cityplace Tower has immediate access to US Route 75 (North Central Expressway), a primary north-south thoroughfare from the Dallas central business district to the city's northern suburbs. Immediately beneath the property is the Dallas Area Rapid Transit (DART) light rail line at the Cityplace Station, the only subterranean DART stop in the Metroplex, and Cityplace Tower is the only building in Uptown with direct DART rail accessibility. The iconic tower was built in 1988 and commenced a $15 million renovation and rebranding last year, which will be continuing in 2017 to build upon the leasing momentum City Place has experienced. Cityplace Tower features eight levels of subterranean parking, 51,434 square feet of conference facilities, a 300-seat amphitheater, a 34,000-square-foot spa and fitness center, six patio sunrooms, a carwash, concierge service, convenience store and cafeteria. The Energy star building also features 360-degree, unobstructed views of Dallas' downtown skyline, the Arts District and Klyde Warren Park. The HFF debt placement team representing the borrower was led by senior managing directors Ed Coco and John Brownlee, director Jim Curtin and senior real estate analyst Matt Casey. "It was an honor to represent Parmenter and Angelo Gordon on the recapitalization of Cityplace," said Coco. The financing opportunity generated a lot of interest from many of the largest debt funds, but Starwood provided the best solution and structure to help the venture maximize its returns over the next several years."