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Westlake, Texas — Harbert Management Corp. has acquired Plaza at Solana, a three-building office, hospitality and retail mixed-use development located in the Dallas suburb of Westlake.
The property features offices, a Marriott hotel, Larry North Fitness Club, retail, restaurants and jogging trails. Tenants at the 359,873-square-foot development include Wells Fargo, Verizon Wireless, Audatex, Echo Locum Tenens, Pfizer, Western & Southern Life Insurance Co. and Midwest Hospitality.
HFF marketed the property on behalf of the seller, Equity Office. HFF also worked on behalf of the new owner to secure a five-year, fixed-rate acquisition loan with one two-year extension through LegacyTexas Bank.