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CBRE Locks Up $152M In Financing For Va. Office Building

Law360 (March 12, 2018, 5:29 PM EDT) -- CBRE Group Inc. said Monday that it has secured $152 million in financing for real estate investment and management firm Harbor Group International's acquisition of a 13-story office building in Herndon, Virginia, that totals 403,622 square feet.

CBRE Group secured a 10-year, interest only fixed-rate commercial mortgage-backed securities loan on behalf of Harbor Group International LLC for the $226 million acquisition of One Dulles Tower. The acquisition financing was provided by Wells Fargo.

"The high-profile credit tenant under a new long-term lease, strength of sponsorship and...
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