Cadence McShane Construction Company Signs Long-Term Lease For 16242 Square Feet In Plano
Texas
See Similar DealsCadence McShane Construction Company Signs Long-Term Lease For 16242 Square Feet In Plano
7500 Dallas Parkway
See Similar DealsSummary
The office property located at 7500 Dallas Parkway in Plano has a total square footage of 16,242. The market value and specifics regarding the transaction amount are not disclosed. The asset is situated in a location that contributes to its appeal for businesses in the area.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: long-term
- Landlord: Eduardo Gildenson - Gildenson Real Estate
- Tenant: Cadence McShane Construction Company LLC
- Landlord's Representative: Jared Laake - Bradford Commercial Real Estate Services
- Tenant's Representatives: Garrison Efird & Steven Blankenship - Newmark
- Occupancy Date: Q1 2025
- Current Occupancy Rate: almost 90%
The lease agreement was signed by Cadence McShane Construction Company LLC. The deal, brokered by both Bradford Commercial Real Estate Services and Gildenson Real Estate, marks a notable enhancement in the building's occupancy, significantly impacting its overall rental performance and future market position.
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