Parkland Approves Purchase of Gregg Street Parcels
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Description
Parkland Health approved a $1,492,550 real estate purchase contract with Douglass K. Straubmueller for two unimproved parcels at 5423 and 5427 Gregg Street in Dallas. The transaction, pending court approval, supports campus expansion near existing Parkland properties and includes a 120‑day due‑diligence period.
Contract Details
Contract Amount
$1,492,550
Vendor
STRAUBMUELLER, DOUGLASS K.
Agency
Parkland Health & Hospital System, TX
Contract Type
FACILITIES
Document Date
May 18, 2026
Contract Term
6/16/2026 – 10/23/2026
Renewal Date
2026-10-23
Renewal Info
Single real estate purchase agreement with a base term running through 10/23/2026; no renewal or extension provisions beyond standard real estate closing timelines.
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