$57 Million Loan for New Frisco Office Project

Developer Hall Group has borrowed more than $57 million to finance its new office tower in Frisco.The 12-story, 300,000 square foot high-rise is being built in the Hall Park at 3201 Dallas Parkway.It's the 17th building in the 162-acre mixed-use development at the Dallas North Tollway and Gaylord Parkway.Designed by HKS, the new office project is set to open next year.Holliday Fenoglio Fowler LP arranged the construction loan for the project with a Commerce Bank led syndication of lenders.Class A+ office project at HALL Park in Frisco, Texas.HFF worked on behalf of the developer, HALL Group, to place the construction loan with a lending syndicate led by Commerce Bank.Hall Park is currently is home to more than 190 businesses, including Jamba Juice, Schlumberger, ThyssenKrupp, Fiserv, Hartford Insurance and Synchrony Financial.  Continue reading...