DALLAS-- CBRE Capital Markets'Debt & Structured Finance team has arranged acquisition financing for Signature Exchange, two class A office buildings in North Dallas.
CBRE worked on behalf of America's Capital Partners to obtain the financing.
Signature Exchange was constructed in 1982 and went through an extensive renovation in 2013. It is now 92 percent occupied to a diverse set of tenants. The property is located two miles north of Interstate 635 on the west side of Preston Road. Its location provides access to both Interstate 635 and the Dallas North Tollway.
"The building enjoys a great location, which for some is not readily apparent," Greg Greene, senior vice president with CBRE's Debt & Structured Finance Team, told GlobeSt.com. "Our client, ACP, recognized and understood the quality of this location very quickly and acted on it."
Greene, Scott Lewis and Taylor Pearce with CBRE's with CBRE's Dallas office, secured the financing on behalf of the borrower.
Gary Carr, Robert Hill, John Alvarado and Eric Mackey with CBRE's Dallas Office Investment Group, represented the seller, CBRE Global Investors.
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