JLL closes sale and financing of Houston’s 1800 Bering office building

Reuters03-05

JLL Capital Markets closed the sale of 1800 Bering, a 171,510-square-foot Class A office building in Houston, representing seller KBS and sourcing buyer DML Capital. JLL also arranged a three-year acquisition loan from an insurance company for DML Capital to finance the purchase. The property is 83.2% leased and features recent upgrades and on-site amenities.

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