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TexasOffice

Stream Realty Partners secures local buyer to occupy office building in Plano submarket

February 15, 2023
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Stream Realty Partners has secured a local buyer for a two-story Plano office building with a basement showroom on the market for only 31 days.

Peacock Point LLC recently completed the purchase of 5500 W. Plano Parkway from Hacienda Care V L.P., closing within 96 days of the property being listed. Stream, a national commercial real estate firm offering an integrated platform of services, represented the seller in the transaction. Stream Dallas Managing Director Jamie Jennings and Senior Vice President Ryan Evanich served as the brokers. Pam Goodwin of Goodwin Advisors LLC represented the buyer.

5500 W. Plano Parkway offers 30,066 square feet of rentable office space and a 7,640-square-foot basement showroom/storage area. The Class A property sits on more than 2.2 acres of well-landscaped land and features 124 covered and surface parking spaces. The building was vacant at the time of sale. Peacock Point plans to occupy the facility.

Offering easy access to Dallas Love Field and Dallas Fort Worth International airports, 5500 W. Plano Parkway is in the Upper Tollway submarket and just minutes from the President George Bush Turnpike and Dallas North Tollway. Multiple well-known regional medical facilities and global corporate headquarters are within easy reach.

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