For the second time in four months, Preston Center office buildings Sterling Plaza and Preston Commons have been sold to CB Richard Ellis Investors, according to the DBJ, which puts the sale price at $130 million. It is the second time the buildings have been sold since March, when Chicago-based real estate investment firm Capri Capital Partners LLC purchased the more than 700,000 square feet of office space. DBJ portrays this as a sign of an improving real estate market. Fingers crossed.
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News
HP Town Council Proclaims September Library Card Sign-Up Month
Council also considers budget, sets Sept. 1 public hearing for property tax rate
By
Josh Hickman
News
People Newspapers Earns 13 NNA Awards
'Park Cities People' and 'Preston Hollow People' were recognized for the quality of their writing, photography, page design, and advertising
By
Sarah Hodges
Schools
HPISD Trustees Celebrate HPHS Science Team, Track Wins
The HPHS UIL Science team and HPHS track star Adelaide Wortman were celebrated at the Aug. 18 school board meeting