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| Network Crossing, San Antonio, TX |
AUSTIN, TX – HFF announced it has arranged financing for Network
Crossing, a five-building, 143,831-square-foot office property in San
Antonio, Texas.
Working exclusively on behalf of Live
Oak-Gottesman Company, HFF placed the 10-year, fixed-rate loan with
Northwestern Mutual. Loan proceeds were
used to acquire the property.
Network Crossing is located at 5253 Prue Road, about 10 miles northwest
of downtown San Antonio via Interstate 10.
Completed in 2008, the property was 89% percent leased at closing.
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| Mona Carlton |
The HFF team representing Live Oak-Gottesman was led by
senior managing director Mona Carlton and associate director Robert
Wooten.
Live Oak-Gottesman is a commercial real estate development
and services company founded upon a commitment to the development, leasing, and
management of quality commercial properties and the creation of a diverse asset
portfolio emphasizing a conservative approach to value appreciation over time.
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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