{"id":172944,"date":"2026-02-20T14:31:41","date_gmt":"2026-02-20T14:31:41","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/172944\/"},"modified":"2026-02-20T14:31:41","modified_gmt":"2026-02-20T14:31:41","slug":"bh-properties-secures-five-hq-leases-at-plano-office-park","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/172944\/","title":{"rendered":"BH Properties Secures Five HQ Leases at Plano Office Park"},"content":{"rendered":"

It pays to be an office operator in Plano<\/a>.\u00a0<\/p>\n

Since planting a flag in the hot submarket a year ago, Los Angeles-based BH Properties<\/a> netted five headquarters leases at its R&D at Legacy, according to a release from Stream Realty, which handles leasing at the property.\u00a0<\/p>\n

BH bought the seven-building 375,000-square-foot business park, at 6400-6700 Pinecrest Drive and 5212-5220 Tennyson Parkway, in February 2025. It updated the property built between 2006 and 2012, and converted some space to flex industrial use. The five leases \u2014 three new leases and two expansions \u2014 at R&D at Legacy total 74,812 square feet. The leases increase occupancy at the property by almost 20 percent, bringing the property\u2019s total occupancy to 72 percent.\u00a0<\/p>\n

Riken Vitamin Co., a Japanese food additive producer, moved its U.S. headquarters from California to Plano, signing a 12,653-square-foot lease at R&D at Legacy. Doug Carignan and Landon Brune of CBRE represented the tenant.\u00a0<\/p>\n

Ojos Locos Sports Cantina selected a 15,004-square-foot chunk of R&D at Legacy for its headquarters. The restaurant was represented by Frank Puskarich and Mac Henderson of Newmark<\/p>\n

US Youth Soccer is relocating from Frisco to Plano and signed a 10,952-square-foot lease at R&D at Legacy. NAI Robert Lynn\u2019s Dave Peterson represented the tenant.\u00a0<\/p>\n

Telecom company Airspan Networks added 12,363 square feet to its space at the property (for a total of 26,000 square feet), and consolidated its Florida and California operations at the Plano office. The tenant was represented by Walpole Realty Group\u2019s Josh Walpole.\u00a0<\/p>\n

Lastly, electrical company Vector Power expanded its headquarters space at the property by 7,828 square feet for a total of 15,004 square feet. The company was represented by Tor Erickson and Roy Reis of Telos Real Estate.\u00a0<\/p>\n

Dallas\u2019 post-pandemic office market recovery<\/a> has been fragmented, with the urban core struggling with much higher vacancy rates than the Dallas-Fort Worth suburbs. At the end of the fourth quarter, vacancy in the central business district was 29.5 percent, compared to 21.1 percent in the Dallas suburbs, according to a fourth quarter report from Colliers.\u00a0<\/p>\n

Often, Plano\u2019s success has come at the expense of Downtown Dallas<\/a>. In January, downtown anchor office tenant AT&T announced plans to relocate to Plano<\/a>, leaving a 2 million-square-foot office hole in the struggling urban core.\u00a0<\/p>\n

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Behind Downtown Dallas\u2019s donut problem<\/p>\n

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Union Investment sells Uptown tower in biggest trade this year<\/p>\n

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AT&T ditches Downtown Dallas, opts to build global HQ in Plano<\/p>\n

\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It pays to be an office operator in Plano.\u00a0 Since planting a flag in the hot submarket a…\n","protected":false},"author":2,"featured_media":172945,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[69870,160,162,161],"class_list":["post-172944","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-bh-properties-dallas-plano","tag-plano","tag-plano-headlines","tag-plano-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/172944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=172944"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/172944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/172945"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=172944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=172944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=172944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}