5500 W. Plano Parkway. Picture courtesy of Stream Realty Companions
Peacock Level LLC has bought 5500 W. Plano Parkway, a two-story workplace constructing in Plano, Texas. The property was offered by Hacienda Care V, a restricted associate of Most well-liked Care Companions Administration Group.
Stream Realty Companions organized the sale of the vacant constructing, with Senior Vice President Ryan Evanich and Managing Director Jamie Jennings representing the vendor. Goodwin Advisors brokered the deal on behalf of the client.
Most well-liked Care bought the constructing again in 2010 from Wynn-Crosby, in keeping with CommercialEdge knowledge. In the identical yr the property turned topic to a $2.9 million mortgage originated by BOKF Financial institution, the identical supply reveals.
The Class A property contains 30,066 sq. ft of workplace house and a 7,640-square-foot basement, which can be utilized as a showroom or storage space. The constructing has a metal body building sort and masonry exterior, and options managed entry, an elevator and 124 floor and lined parking areas.
The property is positioned at 5500 W. Plano Parkway within the Platinum Hall North submarket. The constructing sits on a 2.2-acre web site close to President George Bush Turnpike and Dallas North Tollway, which give easy accessibility to downtown Dallas.
Not too long ago, Stream Realty received the project to lease The Dupree, a 137,818-square-foot workplace constructing in Atlanta. The Class A property owned by Bridge Funding Group has undergone a $3.4 million renovation.