Peacock Point purchases vacant 2-story Class A Plano office building - Dallas Business Journal

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Peacock Point plans to occupy the building, which was vacant at the time of the sale.

Peacock Point LLC recently completed the purchase of a two-story Plano office building with a basement showroom, according to a news release.

Peacock Point acquired the property, located at 5500 W. Plano Parkway, from Hacienda Care V L.P. It has 30,066 square feet of rentable office space and a 7,640-square-foot basement showroom/storage area. The Class A property sits on 2.2 acres and has 124 parking spaces. It was on the market for 31 days, according to the release, and is located in the Upper Tollway submarket.

“We are very pleased that Stream was able to sell the building for near full asking price and appreciate the swiftness and thoroughness of this transaction,”Dallas-based Stream Realty Purchase represented the seller in the transaction. Stream Dallas Managing Director

 

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