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Meridian Capital Arranges $23.2M CMBS Loan for Southlake Office Asset

Cedar-Ridge-Office-Park-Mesquite-Texas

Cedar Ridge Office Park in Southlake was built in the mid-2000s and totals 129,000 square feet.

SOUTHLAKE, TEXAS — New York-based Meridian Capital has arranged a $23.2 million CMBS loan for Cedar Ridge Office Park, a 129,000-square-foot office property in Southlake, a northern suburb of Fort Worth. The two-building development was built in 2005 and 2007 and offers a total of 538 parking spaces. Allan Lieberman, Steven Adler and Simcha Schick of Meridian Capital arranged the 10-year loan on behalf of the borrower, Connecticut-based TS Partners.

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