It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Atlanta, Dallas / Ft. Worth, New York City, Baltimore, Raleigh / Durham, East Bay, Denver, Washington DC, Phoenix, Greenville / Spartanburg, and Northern New Jersey.
CPP Continues Expansion, Adds Four to Brokerage Group
By James Gilliland
Parmenter Cashes In On Park Central 7-8-9
Miami-based Parmenter Realty Partners finalized the sale of a three-building Dallas office portfolio it has owned since 2006, selling Park Central 7-8-9 to institutional investor PIMCO for an undisclosed amount.
Parmenter originally acquired the 845,919-square-foot, Class A complex through its Parmenter Realty III Fund for $83.7 million. Following the acquisition, the firm executed a capital improvement program to the tune of $7 million which was...
AT&T Renews Autobahn Drive Location
AT&T signed a 42,791-square-foot lease renewal at 9110-9120 Autobahn Dr. in Dallas.
The single-story, 57,079-square-foot flex building was constructed in 1987 in the SW Dallas submarket.
CBRE’s Peter Danna represented AT&T in the transaction. Lunsford Commercial’s team of Canon Shoults and John Gorman represented the landlord, Stockbridge.