Friday, December 09, 2016

Major Plano office tenant is growing at Legacy


A big office tenant is Plano's Legacy business park is staying put and growing its workspace.
Alliance Data Systems is a long-time tenant in the One Legacy Circle office building on the Dallas North Tollway just north of Legacy Drive.
The data and marketing research firm moved to the top three floors of the building five years ago relocating from the Telecom Corridor.
Now Alliance Data is renting another 11,000-squae-feet in the building and extending its existing lease.
"A space in the building came open and we restructured their lease so they could grow," said Joel Pustmueller with Peloton Commercial Real Estate, which leases the high-profile office property.
One Legacy Circle is just across the tollway from the $400 million Legacy West Village mixed-use development and is near Liberty Mutual Insurance's 2-tower regional office campus, which is under construction.
Pustmueller said that with the new Alliance Data deal, the building is fully leased.
Mike Wyatt with Cushman & Wakefield negotiated the lease with Pustmueller, Russ Johnson and Lauren Perry of Peloton Commercial Real Estate.
Steve Brown/Dallas Morning News