{"id":391959,"date":"2026-07-30T13:29:43","date_gmt":"2026-07-30T13:29:43","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/391959\/"},"modified":"2026-07-30T13:29:43","modified_gmt":"2026-07-30T13:29:43","slug":"plano-office-campus-with-samsung-hq-hits-market-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/391959\/","title":{"rendered":"Plano Office Campus With Samsung HQ Hits Market"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This story was originally published on <a href=\"https:\/\/www.credaily.com\/briefs\/plano-office-campus-with-samsung-hq-hits-market\/\" data-ylk=\"slk:CRE%20Daily;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;CRE Daily&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">CRE Daily<\/a>. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry analysis delivered straight to their inbox with the free <a href=\"https:\/\/www.credaily.com\/signup\/?utm_source=yahoo&amp;utm_medium=syndication&amp;utm_campaign=yahoo_finance\" data-ylk=\"slk:CRE%20Daily%20newsletter;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;CRE Daily newsletter&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">CRE Daily newsletter<\/a>.  <\/p>\n<p>        Key Takeaways            <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A 706,000 SF office portfolio in Plano&#8217;s Legacy Central, anchored by Samsung&#8217;s new North America HQ, is up for sale.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">JLL is marketing the three renovated buildings, which are fully leased and benefited from a $114M capital improvement completed in 2021.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The listing highlights Plano&#8217;s continued rise as a corporate magnet, with leading tech and telecom tenants replanting flagships in the city.  <\/p>\n<p>              Corporate Migration Shapes Plano&#8217;s CRE Landscape          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">JLL is marketing three <a href=\"https:\/\/therealdeal.com\/texas\/2026\/07\/24\/trio-of-buildings-where-samsung-is-moving-their-hq-listed\/\" data-ylk=\"slk:office%20buildings;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;office buildings&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">office buildings<\/a> totaling 706,395 SF at Plano&#8217;s Legacy Central, according to The Real Deal. Samsung Electronics recently designated one building as its new North American headquarters. Samsung plans to relocate operations from New Jersey this year.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Legacy Central formerly housed Texas Instruments, but its tenant base has expanded significantly. Freddie Mac, Nokia, and Korea-based Cheil now occupy space across the campus. JLL says the property also received a $114M renovation completed in 2021.  <\/p>\n<p>        The Details          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The portfolio includes three fully leased buildings within the broader 85-acre Legacy Central campus. Samsung anchors the portfolio at 6625 Excellence Way. The three buildings total 706,395 SF and offer investors a strong long-term lease profile.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Samsung already operates there and expects to complete its headquarters transition by year-end. The broader campus also houses several established corporate and global tenants. Combined with recent upgrades, that tenancy could provide stable institutional-grade cash flows for a buyer.  <\/p>\n<p>            Texas Triangle&#8217;s Corporate Magnetism          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Plano continues attracting institutional and foreign capital targeting fast-growing Texas markets. Recent corporate investments have strengthened confidence in northern Dallas suburbs.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">JPMorgan recently <a href=\"https:\/\/www.credaily.com\/briefs\/jpmorgan-backs-att-plano-headquarters-with-400m-loan\/\" data-ylk=\"slk:provided%20%24400M;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;provided $400M&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">provided $400M <\/a>in financing for AT&amp;T&#8217;s new Plano headquarters, reinforcing institutional confidence in the market. AT&amp;T is developing a 54-acre campus with a major communications tower nearby.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Dallas Stars are also exploring a new Plano arena and entertainment district. These projects could increase demand for Class A offices and surrounding amenities. Texas continues drawing headquarters and expansions from domestic and global companies.  <\/p>\n<p>        Why It Matters           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Legacy Central offers investors exposure to several drivers shaping modern trophy office demand. These include strong markets, major credit tenants, and substantial property upgrades. Dallas-Fort Worth office vacancy reached 24% in Q1 2026, according to CBRE.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">However, well-leased suburban properties like Legacy Central continue attracting investors and supporting stronger valuations. Samsung&#8217;s relocation also brings its headquarters closer to major Austin operations. This clustering can strengthen leasing, retail activity, and redevelopment across surrounding districts.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For Plano, each major relocation supports talent growth and strengthens institutional investor interest. That matters as high rates and sluggish urban leasing pressure offices. The market could become an important test for suburban office resilience nationwide.  <\/p>\n<p>       What&#8217;s Next         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Samsung expects its Plano headquarters to become fully operational by year-end. Investor demand for high-quality suburban Dallas offices could remain strong afterward. Competition may focus on renovated properties with long leases and global credit tenants.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Plano&#8217;s expanding corporate base could also support CRE values through 2027. The Legacy Central sale will provide an important valuation benchmark. Investors across Texas and other growth markets will likely watch the outcome closely.  <\/p>\n<p>          More from CRE Daily         <\/p>\n","protected":false},"excerpt":{"rendered":"This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market&hellip;\n","protected":false},"author":2,"featured_media":391960,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[138027,115095,138028,160,162,161,24991,134110],"class_list":["post-391959","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-american-headquarters","tag-legacy-central","tag-north-america-hq","tag-plano","tag-plano-headlines","tag-plano-news","tag-samsung","tag-samsung-electronics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/391959","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=391959"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/391959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/391960"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=391959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=391959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=391959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}