Thursday, April 18, 2013

HFF closes sale of and arranges financing for Class A office property in Dallas, TX area





MacArthur Center I and II, Irving, TX

DALLAS, TX – HFF announced it has closed the sale of MacArthur Center I & II, a 302,459-square-foot, Class A office complex in Irving, Texas on behalf of a specialty finance company for an undisclosed amount. 

HFF also represented the purchaser, JP Realty Partners, Ltd., in arranging acquisition financing with Capital One Bank.

MacArthur Center I & II is located at the intersection of State Highway 114 and MacArthur Boulevard in the Las Colinas submarket.

 The 300,000-plus, rentable square foot complex is situated on a 6.3-acre site and is more than 94 percent leased to tenants including OneSource VHR and Molina Healthcare.

The Las Colinas submarket, east of DFW International Airport, is one of the largest business centers in the Dallas market and is home to corporations such as ExxonMobil, Kimberly-Clark, Zales and Fluor.
   
 For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com

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