CBRE Arranges $32.1M in Acquisition Financing for Taurus Industrial Portfolio in Dallas

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Rebusiness Online, October 11, 2016, by Katie Sloan

 

 

CBRE Arranges $32.1M in Acquisition Financing for Industrial Portfolio in Dallas

 

DALLAS — CBRE Capital Markets’ Debt & Structured Finance team has arranged $32.1 million in financing for the acquisition of a

 

portfolio of industrial properties in Dallas. The buyer of the portfolio, known as Riverbend, is a joint venture between Augustus

 

Investment Holdings and Taurus Investment Holdings. Citizens Bank provided the capital. The acquisition includes 15 buildings

 

totaling 962,000 square feet. The portfolio was 95 percent leased at the time of sale. The specific properties in the portfolio were

 

not named. Scott Lewis and Greg Greene with CBRE’s Dallas office originated and secured the financing.