Colliers’ Creighton Stark and Chris Boyd Brokered the Sale
A California investor has purchased a Telecom Corridor office building.
Dallas-based Pillar Commercial sold the 2703 Telecom Parkway building near Bush Turnpike and east of U.S. Highway 75. The single-story office complex contains 121,420 square feet of space and was purchased by Goldenberg & Associates Inc. of Piedmont, Calif.
“This building received multiple offers well above the expected trade price,” Creighton Stark, executive vice president of Colliers International, said in a statement. “We seamlessly closed in the midst of the worst pandemic our country has ever experienced, as well as the worst financial dip in over three decades.
“We assured a successful transaction throughout all of these major headwinds by setting the stage properly upfront, allowing our client to overachieve their objective.”