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Sunday, 09 March 2003

Granite Properties Acquires Mortgage in Richardson, Texas

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March 10, 2003

Dallas Morning News (Second Item)

Granite Properties has acquired the mortgage to a 207,000-square-foot building in the Greenway Park business development near North Central Expressway in Richardson, Texas. Until recently, the eight-story brick and glass building was leased to Nortel Networks, but has wound up vacant. Granite plans to take over ownership of the 18-year-old building and release it when the economy picks up.


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • States: Texas
  • Subject: Mortgages/Financing (MOR), Southcentral Regional Digest (SCDIG)
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