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Texas  + Office  | 

JLL Secures Refi on Houston Office Assets

JLL Capital Markets recently arranged refinancing totaling $40 million for 5300 Memorial and 10497 Town & Country, office buildings spanning 302,980 square feet in Houston. A team led by John Ream worked on behalf of the borrower, an affiliate of Equus Capital Partners, to secure the five-year, floating-rate loans through East West Bank.
 
5300 Memorial is a recently renovated 153,671-square-foot, Class A boutique office building that is connected to a 444-space parking structure. The 11-story property is 93% leased to a diverse tenant roster comprising legal, healthcare, government, real estate, financial services and energy tenants.
 
10497 Town & Country is a recently renovated, Class A office building totaling 149,309 square feet. At 91.5% leased, the property is home to key tenants, including Freese & Nichols, Regus and T&C Family Physicians.

Pictured: 5300 Memorial.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing