RICHARDSON, TX—Foundry Commercial and its partner, ICM, acquired the five-building office park located on Campbell Creek Boulevard, Campbell Creek Pavilion, in 2016. The 317,247-square-foot office park received a number of outdoor and building improvements following this purchase, including new roofs, HVAC equipment, new paint and a complete renovation of several interior spaces. Additionally, the asset underwent a strategic rebrand to attract creative tenants.
The investment paid off. Legrand Building Control Systems recently signed a 42,000-square-foot lease at the office park.
“When we purchased and repositioned Campbell Creek along with ICM, Legrand is exactly the type of tenant we had in mind for this improved office environment,” said Jim Wells, principal and managing director of services at Foundry Commercial. “In an increasingly crowded marketplace, we are proud to be able to offer quality tenants like Legrand an accessible, comfortable space in the heart of Richardson.”
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
