But, Griffin Partners' first order of the day is to tuck awaythe deed to the Crescent Real Estate Equities Co. asset at 16415Addison Road, a nine-floor, class B building with a 70% occupancybeing marketed by Trammell Crow Co.'s Dallas investment sales team.If all goes smoothly, the closing will take place in a month.

Meanwhile, the Fort Worth-based Crescent is about two weeks outfrom the closing date of the 33,799-sf, seven-story 5050 Quorum at$68 per sf. Sources say Behringer Harvard Funds of Dallas is goingto make the close even though it has the option to extend if itlays down some extra earnest money.

Drew Lewis, Griffin's co-chairman, tells GlobeSt.com that theearnest money doesn't go hard for another two weeks, but "we'reconfident it will close." There is still some outstandinginformation needed to wrap up the 25-day due diligence, he says.When that's in hand and the earnest money goes hard, the plan is toclose the sale 25 days later. Lewis says the firm's ability toclose quickly, with the capital already raised and a track recordfor crossing the finish line are the reasons it won Crescent's nodfrom a rumored dozen buyers. TCC's John Alvarado, senior vicepresident of the investment sales group, wouldn't comment on thepending sale.

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