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For Immediate Release
Media Inquires:
Sharon Finley
Public Relations Initiatives
928.717.1880
sharon@pr-initiatives.com
Ratel Provides Private Equity Investment For
Dallas/Ft. Worth Retail Center
Tiburon, Calif. – July 16, 2007 - Ratel Investments, a real estate private equity firm, today announced an equity investment in a 194,624 square-foot community retail center, The Shops at Central Park, located in Bedford, Texas, a suburb in the Dallas/Ft. Worth Metroplex. Ratel’s operating partner is Dunhill Partners, a Dallas-based commercial real estate firm that manages over 3 million square feet of retail shopping centers in the Dallas/Ft. Worth region. This investment is anticipated to deliver immediate, strong cash flow to Ratel’s investors with additional upside based on rent escalations, increased occupancy and expansion potential.
Built in 1985 and extensively updated in 2003, The Shops fronts Airport Freeway which connects Dallas and Fort Worth with the nearby DFW International Airport. With a car count of 205,000 vehicles per day, The Shops’ major tenants include Starbucks Coffee, Chili’s Grill & Bar, Duke’s Original Roadhouse, Curves Fitness, Blockbuster Video, MetroPCS and Sak’n Save grocery.
About Ratel Investments (www.ratelinvestments.com)
Ratel Investments LP is a real estate private equity firm that works with experienced joint venture partners to acquire income producing commercial real estate assets on behalf of high net worth individuals, families and trusts. Ratel provides investors with the benefits of real estate ownership, including tax preferred cash flow, long-term capital appreciation and financial diversification without the burden of direct property management responsibility. Ratel’s real estate portfolio encompasses an equity investment in more than twenty properties with a combined market value of over $300 million.
About Dunhill Partners (www.dunhillpartners.com)
Dunhill Partners is a Dallas-based company that specializes in commercial real estate sales, leasing and management in North Texas, primarily the Dallas/Ft. Worth Metroplex. Dunhill currently manages over 3 million square feet of retail shopping centers. In addition, Dunhill directly invests in select commercial properties, primarily retail centers.
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