DALLAS – An affiliate of Tanglewood Property Group has purchased Preston Plaza, a 259,009-sf Class A office property at 17950 Preston Rd.
Built in 1986 and renovated in 2015, the asset is 91 percent leased to tenants including Sovereign Bank, Slater & Matsil, the Ayco Company, and Progressive Casualty Insurance.
Tanglewood represented the buyer, TPG Preston Plaza LP. CBRE represented the seller, Caddo Holdings.
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