Cousins Properties Inc. has sold the 980,000-square-foot office building at 777 Main St. in Forth Worth, Texas, for $167 million, or roughly $170.41/sf. The Atlanta REIT sold the property to the Brookdale Group of Atlanta in a deal arranged by ...
97 percent occupied.
It is encumbered by some $40 million of senior debt that had been provided by Dougherty Funding of Minneapolis and $11.8 million of mezzanine debt held by Vestin Originations of Las Vegas. The property previously was owned by Presidio Hotel ...
Prism Hotels & Resorts of Dallas has agreed to pay $55 million, or $127,610/room, for the Sheraton Fort Worth Hotel & Spa, according to a report in the Wall Street Journal. The 431-room property has been operating under Chapter 11 ...
The federal government fully occupies it under a long-term lease.
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