KDC's 52,321-SF Triple Sparks 400,000-SF Plan

PLANO, TX-With leasing news at an all-time premium, 52,321 sf has been roped off in the 1.2-million Campus at Legacy for three tenants, two of which have started their run in temporary space. Keys turn to the largest office, 42,779 sf, in early 2009.

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.”