Sunday, March 14, 2010

Preston Commons in Preston Center Sold

Capri Capital Partners LLC has taken full ownership of the 300,000-sf Sterling Plaza and the 421,721-sf Preston Commons in the Preston Center business district from Calif.-based BentleyForbes.
The properties contain prime office space that is about 80 percent leased. Chase Bank is the major tenant in Preston Commons.
Cushman & Wakefield has been assigned management responsibilities for the properties.
Capstar Commercial will continue to lease the buildings.