{"id":1004646029,"date":"2023-02-16T07:07:29","date_gmt":"2023-02-16T15:07:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004646029"},"modified":"2023-04-19T02:11:34","modified_gmt":"2023-04-19T10:11:34","slug":"stream-realty-arranges-dallas-office-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stream-realty-arranges-dallas-office-sale\/","title":{"rendered":"Stream Realty Arranges Dallas Office Sale"},"content":{"rendered":"
\"5500<\/a>

5500 W. Plano Parkway. Image courtesy of Stream Realty Partners<\/em><\/p><\/div>\n

Peacock Point LLC<\/strong> has purchased 5500 W. Plano Parkway, a two-story office building in Plano, Texas. The property was sold by Hacienda Care V<\/strong>, a limited partner of Preferred Care Partners Management Group.<\/strong><\/p>\n

Stream Realty Partners<\/strong> arranged the sale of the vacant building, with Senior Vice President Ryan Evanich and Managing Director Jamie Jennings representing the seller. Goodwin Advisors<\/strong> brokered the deal on behalf of the buyer.<\/p>\n

Preferred Care purchased the building back in 2010 from Wynn-Crosby<\/strong>, according to CommercialEdge data. In the same year the property became subject to a $2.9 million loan originated by BOKF Bank<\/strong>, the same source shows.<\/p>\n

The Class A property comprises 30,066 square feet of office space and a 7,640-square-foot basement, which can be used as a showroom or storage area. The building has a steel frame construction type and masonry exterior, and features controlled access, an elevator and 124 surface and covered parking spaces.<\/p>\n

The property is located at 5500 W. Plano Parkway in the Platinum Corridor North submarket. The building sits on a 2.2-acre site near President George Bush Turnpike and Dallas North Tollway, which provide easy access to downtown Dallas.<\/p>\n

Recently, Stream Realty got the assignment to lease The Dupree, a 137,818-square-foot office building<\/a> in Atlanta. The Class A property owned by Bridge Investment Group has undergone a $3.4 million renovation.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Class A property last traded more than a decade ago.<\/p>\n","protected":false},"author":3014,"featured_media":1004646038,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21783,21742,21747,51973],"tags":[33358],"class_list":["post-1004646029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-investment","category-latest","category-office","category-southwest","tag-stream-realty-partners"],"acf":[],"yoast_head":"\nStream Realty Arranges Dallas Office Sale - CPE<\/title>\n<meta name=\"description\" content=\"Peacock Point LLC has purchased 5500 W. Plano Parkway, a two-story office building in Plano, Texas. 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