18 August 2008
HDG Mansur has completed the acquisition of the Symcor Inc. portfolio consisting of locations in Stockbridge (Atlanta), Georgia; Orlando, Florida and Glen Burnie (Baltimore), Maryland on behalf of a fund it manages.
With a total of three office buildings containing 360,464 sq. ft. and a total of 1,415 parking spaces, this portfolio is situated in quality labour markets ideal for income-producing properties. The portfolio contains long-term leases with a Symcor Inc., a leading North American provider of business process outsourcing services for the financial services industry.
Rick Berk, Managing Director of Investment Management US, commented, "HDG Mansur is pleased to have found a geographically diverse portfolio which offers us an opportunity to deliver favourable returns and growing presence in three established US markets."
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For more information go to www.hdgmansur.com or contact
Kyra Obolensky at ADC Blueprint: 0207 349 6280 / kobolensky@adcblueprint.com>