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**Stream Realty Partners Secures $228.1M Refinancing for The Quad in Uptown Dallas**
Stream Realty Partners has secured $228.1 million in financing for The Quad, a 500,000-square-foot office and retail campus located in Uptown Dallas. The financing was arranged by JLL Capital Markets, which placed a five-year senior loan through accounts managed by KKR.
Stream Realty acquired the property in January 2019 from American Realty Advisors. The Quad comprises two office buildings and five retail structures, all of which are fully leased to restaurant tenants. Additionally, the campus includes a separate building featuring a theater and retail space.
Located at 2699 and 2681 Howell Street, and 2828 Routh Street, The Quad sits on a four-acre site near Interstate 35E, offering a prime location in the heart of Dallas.
The office portfolio within the development includes The QUAD, a new 345,425-square-foot building that opened last year, and The Quadrangle, a 128,867-square-foot office building originally constructed in 1985.
JLL Capital Markets’ Debt Advisory team, led by Colby Mueck and Greg Napper, represented Stream Realty Partners in the financing transaction.
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