
Sherry Lane Place
5956 Sherry Ln, Dallas, TX, 75225-6519, US
28,048 平方米
Jones Lang LaSalle Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Legacy Central 1, 2, and 3 (the “Buildings,” “Assets,” or “Portfolio”), a best-in-class 706,395 rentable square foot office campus strategically located in Dallas, Texas. Originally constructed as the Texas Instruments corporate headquarters, this transformative Portfolio underwent comprehensive redevelopment from 2016-2021, with approximately $114+ million invested in repositioning the property into a flagship technology campus. The fully modernized campus features world-class amenities, including an artisan food hall, expansive 25,000 square foot wellness center, state-of-the-art 300-seat conference facility, and more than 4 acres of enhanced outdoor environments with comprehensive WiFi infrastructure.
With 100% occupancy and a stable 5.3-year weighted average lease term representing $145 million in committed contractual revenue, this institutional-grade repositioning has successfully secured an impressive roster of investment-grade tenants including Cheil, Freddie Mac, Nokia, Publicis, Samsung Electronics, and Spaces (IWG).
Positioned within Dallas’ high-growth Richardson / Plano corridor, Legacy Central benefits from exceptional submarket fundamentals that significantly outpace broader metropolitan trends. This dynamic region has attracted substantial corporate investment due to superior connectivity throughout the metroplex, nationally recognized school districts, and compelling residential value proposition. The submarket has delivered remarkable 18% demographic expansion since 2010, establishing it among Dallas’ most rapidly developing commercial nodes. Additionally, with 64% of area residents holding advanced degrees, the location provides corporate occupiers with direct access to a highly skilled professional workforce. Office utilization in Dallas averages approximately 61%, roughly 500 basis points above the national average, underscoring the market’s relative strength in return-to-office trends (per the Linneman Letter and Placer.ai Return to Office Report).


