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| Energy Square, 4925 and 4849 Greenville Avenue and 6688 N. Central Expressway Dallas, TX |
DALLAS, TX – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of and arranged
financing for Energy Square, a
three-building, 948,678-square-foot, Class A office project in Dallas,
Texas.
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| Southern Methodist University |
HFF marketed the property
on behalf of the sellers, Lincoln Property Company, Champion Partners and Long
Wharf Real Estate Partners.
Energy
Square was purchased by a partnership between GlenStar Properties and USAA Real
Estate Company.
The new owner was also
assisted in securing floating-rate financing through Wells Fargo Bank by HFF.
Energy Square consists of
a 10.3-acre site containing three buildings, One, Two and Three Energy Square,
plus an approximately one-acre development site zoned for mixed-use
development.
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| Grub Burger Bar Restaurant, Dallas, TX |
Recently renovated, the
LEED Gold and Energy Star-rated properties feature a fitness center, three
conference centers, multiple food service options, Grub Burger Bar restaurant,
an outdoor plaza featuring seating and putting greens, and direct access to the
DART Light Rail.
Energy Square is 82 percent leased to tenants
including New York Life Insurance Company, Davaco, and Advanced Homecare.
Located at 4925 and 4849 Greenville Avenue and 6688 N. Central Expressway
respectively, Energy Square is just off the North Central Expressway near
Southern Methodist University north of downtown Dallas.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
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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