Plano building purchase part of more than $900 million property sale

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A Pennsylvania-based investor has acquired a Plano office and industrial building as part of a nationwide purchase of 75 properties. Equus Capital Partners...

Equus Capital Partners Ltd. bought the bought the Plano Business Park building on East Plano ParkwayA Pennsylvania-based investor has acquired a Plano office and industrial building as part of a nationwide purchase of 75 properties.

The industrial buildings are 98% leased to almost 250 e-commerce companies, logistics providers, manufacturing, business-to-business and business-to-consumer tenants. The Plano property has almost 83,000 square feet of space and was built in 1999. The building was previously owned by Prologis Logistics Services, according to tax records.

 

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