Republic Place Office

Property Name: Republic Place Office
Location: Plano, TX
Property Type: Office
Transaction Type: Refinance
Loan Amount: $8,400,000
Details: “We had been tracking the property for three years waiting for defeasance to expire and were finally able to refinance at a great time in the market with no payoff penalty and while rates are still low. A responsive management company and efficient and experienced lender team made this CMBS transaction a smooth closing. The excess loan proceeds will allow the borrower to make some capital improvements to the property that should see it well positioned to keep their existing tenant base happy as well as attract new tenants in the future.”
More Info: Travis Fite at 713-871-5895 or contact me