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BH Acquires 150K SF Plano Office Building
BH Properties purchased Parkway Centre IV, a 153,238-square-foot office building located along the Dallas North Tollway in Plano, Texas. Purchased from an investment entity of Goldman Sachs, the property boosts the firm holdings in Texas to 32 properties.
Built in 2006, Parkway Centre IV recently underwent more than $2 million in renovations. The 6-story office property offers a two-story atrium lobby, numerous amenities, and an abundance of surface and covered parking.
Newmark’s Dallas investment sales team, led by Gary Carr and Chris Murphy, represented the seller, while Scott Henry, Managing Director with BH Properties locally, represented the buyer.
Currently, the company has more than 100 properties in 16 states.
- ◦Sale/Acquisition