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| Trey Morsbach |
DALLAS, TX – Holliday Fenoglio Fowler, L.P. (HFF) announced
it has secured construction financing for the development of a
325,600-square-foot, built-to-suit, Class A office development for CoreLogic in
Dallas, Texas.
Working on behalf of
Billingsley Company (Billingsley), HFF placed the fixed-rate construction/perm
loan with Regions Bank. The financing
includes a two-year construction loan plus multiple extension options.
This is the fourth
financing HFF has secured for Dallas-area developments for Billingsley in the
last year, including arranging the construction loan for 7-11’s corporate
headquarters within Cypress Waters.
Due for completion in
April 2017, the four-story property will be fully leased to CoreLogic, a
leading global property information, analytics and data-enabled services
provider based in Irvine, California.
The CoreLogic build-to-suit
is situated within Billingsley’s Cypress Waters master-planned community, a
1,000-acre waterfront development with office, multi-housing and retail in the
central part of the Dallas-Fort Worth Metroplex.
 |
| Jim Curtin |
Located on 20.85 acres at
the intersection of Hackberry Road and Ranch Trail, the property is positioned
along the LBJ Expressway (Interstate 635) corridor less than three miles from
the north entrance of DFW International Airport.
The HFF debt placement
team representing the borrower was led by senior managing director Trey Morsbach and director Jim Curtin.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
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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