The Cooper Commercial Investment Group negotiated the sale of Parkside Plaza 1, a fully occupied Class-A office building in Knoxville, Tennessee.
The office building is anchored by tenants Raymond James and Waste Connections.
Dan Cooper, president and broker of Cooper Commercial Investment Group, represented the seller, a private investment group which Cooper has worked with on multiple transactions. The Louisville-based buyer purchased the building for $24.5 million, representing a CAP rate of 7.04%.
Parkside Plaza 1 is located in the Turkey Creek district of Knoxville.
