Press Releases Nov 21, 2012
Acquisition of Professional Building in McKinney
Dallas, Texas – November 30, 2012 – A German investor represented by International Capital, LLC closed on the purchase of ‘Las Lomitas’, a 2-building, 20,000 square foot professional building complex located within the master planned community of Stonebridge Ranch in McKinney.
The properties were built in 2006 and 2008 and are fully leased to tenants in the medical field. Las Lomitas, ‘Little Hills’ in English, is situated prominently above the heavily travelled intersection of Virginia Parkway and Ridge Road.
The purchaser was represented by Martina Crevecoeur and Ron Thomas of International Capital. The purchase marked the investor’s third acquisition of medical property via International Capital in the last 30 months.
ABOUT INTERNATIONAL CAPITAL, LLC
International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 20 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.