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Oct 26, 2020

Florida investor picks up 200K-sf Plano office buildings

​​​​​PLANO – Florida-based TerraCap Management has purchased Preston Park, a two-building, Class A multitenant office development.Built in 1997, the 198,788-sf building pair has newly renovated lobbies, common areas, tenant lounges, and conference centers....
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by
Hayley Rieder Wiley

​​​​​PLANO – Florida-based TerraCap Management has purchased Preston Park, a two-building, Class A multitenant office development.

Built in 1997, the 198,788-sf building pair has newly renovated lobbies, common areas, tenant lounges, and conference centers. Both assets are 90 percent occupied.

California-based Libitzky Property Companies and Sunwest Real Estate Group were the sellers. Colliers International brokered the sale.​

Texas logoThe Real Estate Center has more on DFW real estate news:

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Written by
Hayley Rieder Wiley
Last updated
Mar 28, 2024

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