BH Properties announced the acquisition of Parkway Centre IV, a 153,238-square-foot office building along the Dallas North Tollway in Plano, Texas. The building was purchased from an investment entity of Goldman Sachs, and the purchase price and terms were not disclosed.
Built in 2006, Parkway Centre IV recently underwent more than $2 million in renovations and is located along West Plano’s Dallas North Tollway Corridor, which is home to companies such as Toyota North America, J.P. Morgan, PepsiCo and Liberty Mutual. Parkway Centre IV is institutional in quality and visible from the tollway. The six-story office property offers a two-story atrium lobby, numerous amenities and an abundance of surface and covered parking.
“Parkway Centre IV is a true class-A property which has all the attributes tenants are expecting today including $2 million in renovations that introduced a new tenant lounge, conference room, ‘grab & go’ food service and a number of other b
