TerraCap Management Acquires 198,788 SF Office Property In Plano For Libitzky Property Companies & Sunwest Real Estate Group
SOLD
Texas
See Similar DealsOffice198,788 SF
Sold
SOLD
TerraCap Management Acquires 198,788 SF Office Property In Plano For Libitzky Property Companies & Sunwest Real Estate Group
1800 Preston Park Blvd, Plano, TX 75093, USA
See Similar DealsOffice198,788 SF
Sold
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:198788 SF
Transaction Type:Sale
The office property located at 1800 Preston Park Blvd in Plano has been sold in a recent transaction. The property spans a total of 198,788 square feet, making it a significant asset in the market. The sale took place on October 26, 2020.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Seller: Libitzky Property Companies & Sunwest Real Estate Group
- Buyer: TerraCap Management – Steve Good
- Brokers: Creighton Stark & Chris Boyd – Colliers International
TerraCap Management, led by Steve Good, acquired the property from the seller, Libitzky Property Companies & Sunwest Real Estate Group. The transaction was facilitated by the expertise of Creighton Stark and Chris Boyd from Colliers International, who represented both parties involved in the deal. Additional details regarding the sale price or any financing arrangements are not available.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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