
Sherry Lane Place
5956 Sherry Ln, Dallas, TX, 75225-6519, US
301,906 平方呎
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 2016-2020, with approximately $100 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 5.2 year weighted average lease term representing $120.5 million in committed contractual income, this institutional grade repositioning has successfully secured an impressive roster of investment grade tenants including Cheil, Freddie Mac, Nokia, Publicis, Samsung Electronics, and TATA.
Located in one of the most durable U.S. office markets, the Dallas–Plano submarket consistently ranks among the highest in the country for office utilization. According to the Linneman Letter / Placer.ai Return to Office Report, Dallas office has maintained the second highest key card occupancy rates in the U.S. since the pandemic.
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.


