DALLAS, TX – The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) has secured a $5.8 million refinancing for Jupiter Tech Center and Summit Service Center, flex/industrial buildings totaling 131,882 square feet in Plano, Texas.
HFF associate director Brandon Chavoya (top right photo) worked exclusively on behalf of Vintage Interests in arranging the five-year, fixed-rate loan through ViewPoint Bank. Loan proceeds are paying off a maturing loan.
Completed in 2001, Jupiter Tech Center (lower left photo) has three buildings with 36,695 square feet of space that is 88% leased.
The properties are located at 1000 Jupiter Road and 1825-1865 Summit Avenue close to the Central Expressway (US 75), and President George Bush Turnpike (Highway 190) near the Research/Technology District of Plano.
Since its inception in 2006, Vintage Interests has acquired 19 industrial facilities totaling close to two million square feet in Dallas/Fort Worth and Austin.
Contacts:
C. Brandon Chavoya, HFF Associate Director, (214) 265-0880, bchavoya@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com
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