**BH Properties Acquires and Repositions Legacy R&D Business Park in Plano**
BH Properties has acquired Legacy R&D, a 374,085-square-foot business park in Plano’s Legacy submarket, with plans to convert it from 100% office space to office/warehouse flex space. The property spans 40 acres and is located at 6400-6700 Pinecrest Drive and 5212-5220 Tennyson Parkway.
Legacy R&D comprises seven buildings and offers tenants convenient access to major thoroughfares, including the Dallas North Tollway and State Highway 121. The business campus is surrounded by corporate headquarters, retail establishments, and mixed-use developments.
Currently 58% leased, the property presents a strong opportunity for repositioning. Jim Brooks of BH Properties highlighted the high demand for flex and industrial space in the area, stating, “We see significant upside potential through strategic repositioning and leasing efforts.”
The seller was represented by Eastdil Secured’s Dallas investment sales team, led by Elizabeth Malone and K.C. Scheipe, while Scott Henry from BH Properties represented the buyer. Leasing efforts for the property will be handled by Stream Realty’s Chase Lopez, James Mantzuranis, and Sam Bass in Dallas.
