Regions Southwest | Houston
June 17, 2008
Financing in the form of a construction loan and joint venture equity accounting for an aggregate $27 million has closed for West Pointe Center, a 166,400-square-foot spec office project in western Houston, Tex. Operating on behalf of Dallas-based borrower White Rock Commercial, Holliday Fenoglio Fowler L.P. orchestrated the financing deal, securing a three-year construction loan from Wachovia Bank N.A., and joint venture equity from GE Real Estate. Sited on a nearly 11-acre parcel off Sam Houston Tollway and West Road, the three-story green building is on target to reach completion next year
Financing in the form of a construction loan and joint venture equity accounting for an aggregate $27 million has closed for West Pointe Center, a 166,400-square-foot spec office project in western Houston, Tex. Operating on behalf of Dallas-based borrower White Rock Commercial, Holliday Fenoglio Fowler L.P. orchestrated the financing deal, securing a three-year construction loan from Wachovia Bank N.A., and joint venture equity from GE Real Estate. Sited on a nearly 11-acre parcel off Sam Houston Tollway and West Road, the three-story green building is on target to reach completion next year
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