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| Plaza at Solana, Westlake, TX |
DALLAS, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of and arranged
acquisition financing for Plaza at
Solana, a three-building office and retail mixed-use development in the
suburban Dallas community of Westlake, northwest of Dallas/Fort Worth
International Airport.
HFF marketed the property
on behalf of the seller, Equity Office.
Harbert Management Corporation purchased the asset for an undisclosed
amount. Additionally, HFF worked on behalf
of the new owner to secure the five-year, fixed-rate acquisition loan with one
two-year extension through LegacyTexas Bank.
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| Dallas-Fort Worth International Airport |
Plaza at Solana is
positioned at 1301 Solana Boulevard within Solana Business Park, a mixed-use
business park featuring offices, a Marriott hotel, Larry North Fitness Club,
retail, restaurants and jogging trails.
The asset’s location at the intersection of
Solana Boulevard and State Highway 114 allows for access to the entire north
Texas region via State Highway 114, U.S. Route 377 and Interstate 35.
The property is proximate
to Dallas/Fort Worth International Airport, Southlake Town Square and three of
Dallas-Fort Worth’s top-four suburbs.
The buildings total 359,873 square feet and are leased to a variety of
tenants, including Wells Fargo, Verizon Wireless, Audatex, Echo Locum Tenens,
Pfizer, Western & Southern Life Insurance Company and Midwest Hospitality.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Marketing
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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