Holliday Fenoglio Arranges $23M Construction Loan for Houston Office Development

Regions Southwest | Houston
Holliday Fenoglio Arranges $23M Construction Loan for Houston Office Development
July 2, 2008

The Houston office of Holliday Fenoglio Fowler L.P. arranged a $23.5 million construction loan for a speculative class A, 180,000-square-foot office development in The Woodlands, Tex. Working exclusively on behalf of Stream Realty Partners L.P., the firm placed the non-recourse construction loan with Wachovia Bank N.A.  Situated on 35.5 acres at 1601 Sawdust Road, the development site is within The Woodlands master planned community north of Houston via Interstate 45.  The property, which will be called Sierra Pines, is due for completion in January 2009 and is the first phase of a three-building, 540,000-square-foot office development.

 
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