JLL arranges $406M financing for iconic Trammell Crow Center in Dallas
JLL's Capital Markets group arranged $406 million in five-year, fixed-rate SASB CMBS financing for the 50-story Trammell Crow Center office tower in Dallas, on behalf of borrower Regent Properties. The loan was placed through Wells Fargo and Morgan Stanley for the 1.23 million square-foot trophy asset, which is 92% leased to tenants including Goldman Sachs and Prudential.
Key figures
- Deal Value Usd
- 406000000
- Loan term
- five-year, fixed-rate SASB CMBS loan
- Renovation cost
- 182000000
- Property size sf
- 1226825
- Property occupancy
- 92%
AI analysis
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