$150M Dallas Office Park Closing In On Tenants, Timeline

Law360, New York (July 30, 2012, 5:30 PM EDT) -- The backers of a planned $150 million suburban Dallas office park are gearing up to announce a lead tenant and construction date, with both expected in the next couple of months, principals of lead investor Westcott LLC told Law360 on Monday.

The Preston Bend Office Park, which is currently in the design stage, is also in the process of selecting a bank to help finance the development, though funding for the multiphase project will come "primarily" from Westcott LLC, according to managing partner Court Westcott, the...
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