crefeed.com | GE Real Estate finances 1.15 million square feet portfolio

10/26/2007

GE Real Estate finances 1.15 million square feet portfolio

Northgate Three

Holt Lunsford Commercial has acquired the 21-building Riverbend portfolio from Boston-based TA Associates Inc.

The acquisition was financed by a $49.7 million loan from GE Real Estate.

James Tramuto, VP of CB Richard Ellis' Houston office, arranged for financing.

The Riverbend portfolio is situated in three different submarkets and contains a total of 1.15 million square feet.

The portfolio includes the following:

Dallas, Texas
- 68,580 square foot Ferrell Drive One and Two at 11419-11431 Ferrell Drive
- 228,466 square foot Turnpike 10 and 11 at 3535-3665 LaReunion Parkway
- 187,579 square foot Northgate Three at 11969-12021 Plano Rd., and 11805-12091 Forestgate Drive
- 349,912 square foot Northgate Two at 10460-10650 Markison Drive and 10451-10480 Brockwood Drive

Garland, Texas
- 149,100 square foot Northgate Four at 2364-2462 Merritt Drive

Irving, Texas
- 108,292 square foot Freeport One and Two at 8700-8732 N. Royal Lane
- 56,389 square foot Freeport Three at 8925 Sterling Rd.

Size: 1.15 million square feet

Filed Under: Office

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