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2/26/25
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BH Properties has purchased Legacy R&D, a 374.1k sf, business park situated in the thriving Legacy submarket of Plano. The price was not disclosed.
Legacy R&D, a seven-building business campus, occupies a prime 40-acre site at 6400-6700 Pinecrest Dr and 5212-5220 Tennyson Pkwy, providing tenants with immediate access to major thoroughfares such as the Dallas North Tollway and State Highway 121. The property is strategically positioned within one of the nation’s fastest-growing business corridors, surrounded by corporate headquarters, luxury retail, and mixed-use developments.
Currently 58% leased, Legacy R&D presents a significant value-add repositioning opportunity through lease stabilization and adaptive reuse. With a flexible design that supports conversion from 100% office to office/warehouse flex space, BH Properties intends to leverage market trends favoring flex industrial to optimize the asset’s long-term value.
Eastdil Secured’s Dallas investment sales team lead by Elizabeth Malone and K.C. Scheipe represented the seller, while Scott Henry, Managing Director with BH Properties locally, represented the buyer. Stream Realty’s Chase Lopez, James Mantzuranis, and Sam Bass in Dallas will be representing BH on leasing.
Plano remains one of the fastest-growing cities in the U.S., attracting corporate relocations and expansions due to its business-friendly environment and access to a highly skilled workforce. With a high concentration of enterprise users, the city continues to serve as a magnet for companies seeking state-of-the-art office and industrial solutions.
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