Advanced Neuromodulation Systems, a division of St. Paul-based St. Jude Medical Inc., inked a long-term lease for the entire second floor at 5360 Legacy Dr., one of three 400,000-sf, class A office buildings on the 107-acre campus. The triple hit pushes occupancy to 84% and nudges the owner, Dallas-based Koll Development Co., to begin planning to "break the second building for multi-tenant use," John Brownlee, KDC's senior vice president and partner, tells GlobeSt.com.

The other wins for EDS' former campus are five-year leases for Pharmaceutical Strategies Group of Plano, which took 3,700 sf, and Splunk Inc., a San Francisco-based IT company signing for 5,842 sf. "We feel lucky because we have really good activity," Brownlee says, "and we really have a lot in the pipeline."

In 2006, KDC built a 145,000-sf headquarters building at 6901 Preston Rd. for ANS, which was represented in its yearlong search for expansion space by Randy Garrett, a principal of Transwestern Dallas. "Koll has an outstanding project at Campus at Legacy, but there were so many opportunities in the market that they wanted to scour the market for the best opportunity. They chose the Campus at Legacy," Garrett says.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.