June 7, 2021
Commercial Real Estate Direct
DRA Advisors has bought a seven-building office complex totaling 374,085 square feet in the Dallas suburb of Plano, Texas. The New York investor bought the property from Accesso of Hallandale Beach, Fla., for an undisclosed price.
Newmark brokered the deal on behalf of the seller.
The property sits on 40 acres at the corner of Tennyson Parkway and Pinecrest Drive. It was built between 2006 and 2012 and is 85 percent leased.