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Hall Park’s 17th Building Gets $57M In Financing

3201 Dallas Parkway, Hall Group's 17th building in Hall Office Park in Dallas

After breaking ground on its 17th office building in Hall Park in September, Hall Group has finalized more than $57M in financing for the 12-story building at 3201 Dallas Pkwy in Frisco

HFF senior managing director Trey Morsbach and associate director Michael Cosby represented developer Hall Group to place the construction loan with a lending syndicate led by Commerce Bank.

Earlier this month, Hall Group shared more details about the amenity base within Hall Park. A 15k SF retail plaza will have restaurants and other features for tenants within the 16 open completed buildings. Mississippi-based fast-casual restaurant Newk's Eatery will anchor Park Plaza with 5k SF to open in spring 2017.

The 162-acre park has 2.5M SF of office space that is 95% leased. The 300k SF 17th building will be completed in December 2017 and will pursue a LEED Silver certification.