Triple Net Properties LLC represented tenant-in-common investors in the sale of Parkwood II, a five-story office building in The Woodlands, Texas.
The value of the transaction was not disclosed.
Parkwood II is a 95,973-square-foot, class A office building, which is part of a two-building office project that features a four-story parking structure situated on 5.4 acres. The property was fully occupied at the time of sale by Entergy Service Inc. and Technology Partners Intl.
CNC Investment Ltd. LLP purchased the property.