Red River Asset Management
JV Obtains $15M Loan for Suburban Chicago Acquisition
The office building is located in Lombard, Ill., near several interstates. The new owners plan on upgrading the property’s amenities and bring lease rates to the current market value.
JV Snags 232 KSF Dallas Office Building
Red River Asset Management sold Hidden Grove in Dallas to a joint venture between Reserve Capital Partners and Trinity Private Equity Group.
BenefitMall Relocates to Hidden Grove in Dallas
BenefitMall leased more than 40,000 square feet in the heart of Dallas’ Park Central neighborhood. The company is relocating its Miramar, Fla., corporate headquarters. Pepsi Windland with Mohr Partners represented the tenant.
Philly-Area Offices Trade for $13.2M
A partnership of Red River, Advalurem Group and Lincoln Property Co. acquired a Bucks County office property in a deal arranged by CBRE.