HDG Mansur Announces the $40.1 million sale of a Dallas Texas property

HDGM Advisory Services (HDG Mansur) completes a sale in Dallas Texas for a private client, $40.1 million dollar transaction.
 
Jan. 9, 2013 - PRLog -- January 8, 2013 - INDIANAPOLIS


HDGM Advisory Services, LLC (“HDG Mansur”) has completed the sale of a property on behalf of a private client, located in Dallas, Texas.  The property is a Class A office building totaling 254,582 square feet and sold for $41.1 million.  
   
“The sale of this building is part of the client’s strategy to exit the asset in improving market conditions,” said Mark Susemichel, Head of Investment Management, US for HDG Mansur. “The sale of this office building shows the continued depth of the Plano submarket and the strength of the underlying value of the asset.”

The Dallas property was identified by an undisclosed Buyer in mid-November and closed prior to yearend.  Dan Cooper, Managing Director Fund Management at HDG Mansur said in a statement, “Execution of a transaction of this size in less than 30 days during the holidays demonstrates HDG Mansur’s ability to manage a complex disposition while also cooperating with a Buyer’s needs.  We look forward to more transactions during 2013.”

HDG Mansur is a leading international real estate company with more than 25 years experience in providing real estate fund and asset management services and property development services.  Since 1982, HDG Mansur’s business activity includes:

•   $5.6 billion in international real estate investments
•   $4.2 billion in real estate financing
•   $1.3 billion in planned and managed equity
•   30 million square feet in real estate investments
•   25+ years of experience
•   Four offices worldwide – London, New York, Indianapolis and Duba
End
Source: » Follow
Email:***@hdgmansur.com Email Verified
Zip:46204
Tags:Dallas Texas, Property Sold, HDG Mansur, HDGM
Industry:Real Estate, Investment
Location:Indianapolis - Indiana - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
HDG Mansur News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share