Versant Commercial Brokerage Completes Equity Raise for Lockheed Martin Building in Dallas-Fort Wort
Investors Use 1031 Process to Defer Taxes Dallas-Fort Worth, Texas (PRWEB) November 06, 2014 Versant Commercial Brokerage, Inc. has successfully recapitalized an 111,000 SF flex office building located in the Dallas-Fort Worth metropolitan area. The building is 100% leased to the Lockheed Martin Corporation on triple net terms. Versant raised $3,600,000 of new equity to recapitalize the building, and the new investors are earning a 10% current dividend on their investment. “We are very excited about this investment,” said Quinn Palomino, Principal of Versant Commercial Brokerage, Inc.
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