Rosewood Property Co. has acquired full ownership of a two-building, 200,818-square-foot industrial asset in the East Plano submarket, buying out Pillar Commercial’s interest. Terms of the deal were not disclosed.
The 100 percent occupied property is located at 3700 and 3712 E. Plano Parkway. Completed in 2022 and purchased by Rosewood and Pillar in late 2024, the buildings feature 24-foot clear heights, dock-high loading doors and a 185-foot truck court. The property is leased to a diverse mix of tenants, including Acre Security, Ulrich Medical USA, Cheer Athletics, Senderra Specialty Pharmacy and CSA Group.
“Pillar Commercial was a great partner in this investment, and we appreciate their collaboration throughout our ownership of Plano Commerce Center,” said Brandon Cooke, senior vice president of investments at Rosewood. “Now that the property has reached stabilization, acquiring full ownership was a natural next step for us. The asset’s strong tenancy and
