DALLAS, TX – HFF announced today that it has arranged $17.7 million in financing for a five-property industrial portfolio totaling 667,702 square feet in northern Dallas.HFF worked exclusively on behalf of Crow Holdings to secure the fixed-rate loan through MetLife Real Estate Investments. Loan proceeds were used to acquire the properties.
The portfolio consists of multi-tenant office/warehouse and distribution facilities that are 92 percent leased to tenants including Xerox Corporation, Freed’s Furniture, Bunzl Distribution, Tohatsu America Corporation and All American Flooring.
The properties included in the portfolio are: 2005 Valley View Lane, 4650-4654 Nall Road, 4700 Nall Road, 4720 Simonton Road and 4490 Alpha Road.
The HFF team representing Crow Holdings was led by managing director John Rose (top right photo).
Crow Holdings has raised $3.0 billion of equity in real estate ventures since issuing the first of its five investment funds in 1998.
Crow Holdings actively acquires existing properties and development parcels of all types both independently and with operating partners.
Crow Holdings currently oversees a portfolio of existing assets and assets under development totaling over 8.8 million square feet of retail, office and industrial properties, approximately 7,000 multi-family units, more than 2,100 hotel rooms and approximately 2,000 acres of lot development through its real estate private equity funds.
Contacts:
John W. Rose, HFF Managing Director, (214) 265-0880, jrose@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,
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