Property is fully leased
The 4-building office park is 91 percent leased
Property is fully leased and is anchored by a 27,887-sf Publix supermarket.
The deal does not include the building occupied by Wal-Mart Stores Inc. on the north end of the property
The class-B office space in the two towers is 70 percent occupied, with several large call centers as tenants. Transwestern Commercial Services is leasing and managing the property.
The Belmont at was built in 1998. It consists of 13 three-story residential buildings and a two-story building that houses the office, clubhouse and fitness center.
Citibank Global Markets Provided Financing
The property is 90 percent leased to Intel Corp., Nokia Inc., Chase Manhattan Automotive Finance and Bank of America. New onwer will change property's name to Kilroy Springs
The property includes 10,000 sf of retail space and underground parking garage with 569 spaces it is 78 percent leased
Wells Fargo provided debt financing for the transaction.
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