Chicago, Illinois – NXT Capital announced today that it closed a loan to finance the acquisition of Toll Hill Office Park, a two building, Class B office park totaling 248,000 square feet in Dallas, Texas.
The property is located along Harvest Hill Road at the southeast corner of the Dallas North Tollway and the LBJ Freeway. Building amenities include an onsite deli, common area, conference room, atrium seating areas with Wi-Fi and both surface and underground parking.
Jason Piering of JLL in Dallas placed the loan with NXT Capital.
NXT Capital’s Real Estate Finance group primarily serves experienced real estate investors. It provides non-recourse floating rate first mortgages of $15 million to $75 million on value-add transactions. NXT Capital provides structured financing solutions through its Real Estate Finance and Corporate Finance groups, originating transactions on a national basis. Lending/financing services provided by NXT Capital, LLC. Loans will be arranged or made pursuant to a California Financing Law License.