106
PLANO, TEXAS — HFF has secured $120 million in financing for Granite Park I, II and III, three office towers in the mixed-use Granite Park development in Plano. The development is located at the intersection of Dallas North Tollway and State Highway 121. The three office buildings are 95 percent leased and total 873,636 square feet. Trey Morsbach, Jim Curtin, Michael Cosby and Michael George of HFF arranged the 10-year, fixed-rate loan loan through MetLife Real Estate Investors on behalf of the borrower, Granite Properties Inc. Funds from the loan were used to refinance an existing loan.