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California investor pays $32M for Plano business park

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PicturePLANO – Richland Capital purchased the Plano Commerce Park from Provident Realty for $32 million.

This property is at 2900 and 2​920 E. Plano Pkwy., within the northeastern quadrant of I-75 and SH 190. 

The two-building park totals 176,000 sf and is fully leased to tenants including Airbus and Critical Electrical Systems.

JLL Capital Markets brokered the sale. 

Texas logoThe Texas Real Estate Research Center has more on DFW’s industrial market:

Source: JLL

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