5/14/2008

JV sells Ridglea Bank Building

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Ridglea Bank Building

GNL Properties has purchased the Ridglea Bank Building in Fort Worth, Texas, from a joint venture between Dallas-based Cawley Partners and New York-based Greenstreet Real Estate Partners.

The selling venture was represented by Holliday Fenoglio Fowler's Dallas office. The firm also arranged acquisition financing through GE Real Estate for GNL Properties.

The Ridglea Bank Building is located at 6300 Ridglea Place and contains 181,601 square feet. The 12-story building was 98 percent occupied at the time of sale to tenants including Bank of America and Acoma Oil Corporation.

Address: 6300 Ridglea Place, Fort Worth, Texas

Size: 181,601 square feet

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Filed Under: Office

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