One of the nation’s largest pension fund lenders has refinanced the landmark Highland Park Village according to the Dallas Morning News.

Dallas County records show that Teachers Insurance and Annuity Association of America (TIAA) loaned the luxury retail center’s owners, HP Village Partners LP, $225 million on a long-term fixed-rate basis through Nuveen, its investment management arm.

Built in 1931, Highland Park Village was one of the first shopping centers in the U.S. It likewise has some of the priciest rents and most exclusive retailers in Texas, including Hermes, Chanel, Christian Dior, Cartier, and Valentino.

According to HFF, the company that’s servicing the TIAA loan, the median income of those within a one-mile radius of the Highland Park shopping plaza is $215,900.

Washburne was recently appointed by President Donald Trump to head up the Overseas Private Investment Corporation, a federal agency that provides financing, political risk insurance, advocacy, and partnering with private equity investment fund managers to help American businesses invest in emerging markets. 

Since acquiring Highland Park Village in 2010 for $171 million, Washburne and his partners have remodeled the center and expanded the tenant roster. Construction is currently underway to redevelop a former bank building on the Preston Road side into a private club and additional retail space.