Plano Corporate Center

Property Overview

Plano Corporate Center I & II consists of two, Class-A office buildings totaling 308,038, located in the Plano submarket of Dallas, Texas. Plano Corporate Center I is a 153,349 square foot, three-story building, constructed in 1999, and Plano Corporate Center II is a 154,689 square foot, three-story building, constructed in 2001. The buildings are each situated on approximately 10 acre parcels along West Plano Parkway, which runs parallel to SH-190. The Property is currently 87% leased to 14 tenants. The Property is anchored by two credit tenants: FedEx Kinko’s (95,415 sf ) and United Healthcare (66,360 sf ) who combined comprise over 53% of the building.

The Property is conveniently located one block north of SH-190, two miles east of the Dallas North Tollway and less than one mile west of US-75. This location, in close proximity to three major highways offers excellent access to the entire Dallas/Fort Worth Metroplex. The Property is also located within the SH-190 Business Corridor, a collection of Class-A office buildings.

Investment at a Glance

Location: Plano, TX

Property Type: Class A Office

Acquisition Date: August 28, 2007

Purchase Price: $45,750,000

No. of Buildings: 2

No. of Stories: 3

Square Footage: 308,038 SF

Year Built: 1999 & 2001

Leased Percentage (at the time of Acquisition): 87%