Principle Equity Acquires a $34 Million Office Portfolio in Bedford, Texas

On September 28, 2006, Principle Equity acquired an office portfolio comprising 251,168 square feet near the DFW Airport.

Constructed in 2000 and 2001, 121 Airport Centre I & II are complementary, two story office structures. 2208 Airport Freeway (Phase I) contains 137,078 square feet and 2200 Airport Freeway (Phase II) contains 114,090 square feet. Both buildings feature rectangular, domino shaped floor plates divisible into smaller "pods" that are separated by a central building corridor.

An inviting outdoor courtyard shaded by mature live oak trees sits independently between the two buildings and effectively unites the two structures into one complex. Surface parking serves the entire complex at a generous 6:1,000 rsf ratio. All access points to both buildings are handsomely clad with brick pavers enhancing the projects overall appearance and quality.

For additional information on this release, please contact:

Brendan Hooie

Phone: (281) 847-9955

Email:

Source: Principle Equity

Website: N/A