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Real Estate Practice Represents Crescent Real Estate Equities in $382 Million Deal

August 8, 2007

DALLAS, TEXAS (August 8, 2007) – The Dallas office of Bracewell & Giuliani advised Crescent Real Estate Equities in its recent sale of North Texas office properties to Equastone Acquisitions LLC. 
The deal involved the sale of 12 Class A commercial office buildings and a single 40-acre tract of undeveloped property. The gross purchase price was $382M.  The properties, located primarily in North Dallas, total approximately 3 million square feet of prime office space.
The Bracewell & Giuliani team was led by Dallas real estate partners Bill Millard and Brock Bailey and also included Chris Fuller and Monica Berry, associates at the firm.
The Crescent in-house team, under the direction of David Dean, Managing Director and General Counsel, and Dan Smith, Senior Vice President and Corporate Counsel, included Cris Baird, Asset Management Counsel, and Bobby Nandipati, Associate Counsel.
Michael Levinson of Cooley Godward Kronish acted as outside counsel for Equastone on the deal.