Éilan double Dutch jump into Lone StarÉilan double Dutch jump into Lone Starhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=85712013-01-15T09:13:00Z2013-01-15T00:00:00Z

SAN ANTONIO, AUSTIN, DALLAS - Lone Star Funds agreed to acquire a portfolio of properties from Netherlands-based Wereldhave for $720 million.

One of the properties includes the Éilan — an upscale, mixed-use development located near Loop 1604 and I-10 in San Antonio. The development includes office buildings, a hotel and spa, and high-rise apartments and has an appraised value of $169.3 million, according to the Bexar Appraisal District.

The entire portfolio includes five properties in Washington, five in Austin, four in Dallas, two in San Diego and one in San Antonio. About 90 percent of its portfolio consists of office space.

The transaction is scheduled to be completed during first quarter 2013.

Read more at CoStar Group and the San Antonio Business Journal.

Discover more about the Éilan in January 2013 Tierra Grande magazine.

CoStar Group
San Antonio-New Braunfels
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