First AllianceTexas Building Sells for $18.7 Million

Macquarie CNL Global Income Trust, Inc. announced this week that it had acquired the first of two fully leased office buildings in Fort Worth, Texas as part of a two building purchase agreement. Macquarie paid $18.75 million for Heritage Commons III in Fort Worth's AllianceTexas development. Built in 2006 with 119,000 rentable square feet of office space, Heritage Commons III is 100% leased to DynCorp International, a government services contractor.

"This transaction supports our vision to build a portfolio of properties that will provide stable income to our shareholders," said Andy Hyltin, president of Macquarie CNL Global Income Trust. "These two office buildings have established tenants and are in a robust market that has seen one of the highest rates of population growth in the nation during the past decade."

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