Rick Perdue Of Rosewood Property Company Acquires 200,818 SF Industrial Property In Plano, TX

Rosewood Property Company acquired full ownership of a 200,818-square-foot, two-building industrial property located at 3700 and 3712 E. Plano Parkway in East Plano, Texas. The property is fully occupied and was completed in 2022, featuring several tenants including Acre Security, Ulrich Medical USA, Cheer Athletics, Senderra Specialty Pharmacy, and CSA Group.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Terms undisclosed
• Buyer: Rick Perdue - Rosewood Property Company
• Seller: Manny Ybarra - Pillar Commercial
• Broker: John Bauman - JLL
• Lender: State Farm Life Insurance Company

The transaction involved Rick Perdue as the buyer representing Rosewood Property Company, which bought out its partner Pillar Commercial. John Bauman from JLL was responsible for arranging the financing with State Farm Life Insurance Company serving as the lender for the deal.