David Luski Acquires Industrial Portfolio In Plano With Financing From New York Life

An eight-building industrial portfolio spanning 846,261 square feet in Plano, Texas has been acquired in a recent transaction. The properties are located at 3301 East Plano Parkway, 3601 East Plano Parkway, 2700 Summit Avenue, 3101 Summit Avenue, 1100 Klein Road, 3501 East Plano Parkway, 2801 East Plano Parkway, and 2701 East Plano Parkway in the bustling Plano market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Buyer: David Luski - DRA Advisors
• Seller: Luke J. Petherbridge - Link Logistics
• Brokers: James Carpenter, Jud Clements, Madeleine Supplee, Robby Rieke & Trevor Berry - Cushman & Wakefield
• Lender: New York Life

DRA Advisors, represented by David Luski, made the purchase while Link Logistics, with Luke J. Petherbridge at the helm, served as the seller in this substantial real estate deal. The acquisition financing of $79 million was provided by New York Life. Notably, the metroplex properties are fully leased to 15 different firms, including major companies like Samsung and Unicom Engineering. The sale was facilitated by the brokerage team from Cushman & Wakefield, comprising James Carpenter, Jud Clements, Madeleine Supplee, Robby Rieke, and Trevor Berry.