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DALLAS-Arden Group, operating through its discretionary fund, Arden Real Estate Partners I, has commenced buying activity in and around Big D, adding a luxury hotel and office building to its portfolio. The Philadelphia investor has acquired a large stake of the 258-room LeMeridien Galleria from HEI Hotels & Resorts, and closed on the 243,109-sqare-foot Atrium at Office Center, a foreclosed office building in Las Colinas. Capmark Financial was the seller.

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