DALLAS—It's been a busy few days in Dallas-areaHFF transactions: The company has closed the saleof and arranged financing for 3811 Turtle Creek, a296,000-square-foot, class AA office tower in Uptown area, and inFort Worth, it has closed the sale of a 310,000-square-foot class Adistribution center.

At the Uptown property, HFF marketed it on behalf of the seller,MetLife Real Estate Investors. KBSCapital Advisors purchased the property for an undisclosedamount last month. HFF's debt placement team also secured aseven-year, 3.55 percent, fixed-rate acquisition financing onbehalf of the new owner through a life insurance company.

The asset is situated on a 5.03-acre site at the intersection ofTurtle Creek Boulevard and Blackburn Street, adjacent to the TurtleCreek Village mixed-use development currently underconstruction. The location is within blocks of West Villageand the Katy Trail, and is close to Highland Park. The21-story, recently renovated property features a fitness center andan adjacent 899-space garage. Tenants at the 81-percent leasedcenter include Eagle Materials Inc.,Prosperity Bank, Estes Okon Thorne &Carr and Gables Residential.

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