Shorenstein Investment Advisers has acquired The Tennyson, a 273,000-square-foot, class A office campus in Plano, Texas.
The Tennyson is a two-building office campus located in Legacy, one of the most sought-after office submarkets for corporate users in the country. Originally developed in 2012 as a corporate headquarters for Ericsson, the property recently underwent a repositioning that added amenities for tenants, including a modern fitness center, tenant lounge, conference facility, café, speakeasy and expansive outdoor space.
The property is fully leased to a diverse roster of tenants, all of which have completed modern build-outs in recent years. Shorenstein plans to further elevate the amenities and tenant experience, including an expansion of the outdoor amenities on the 12-acre site.
Legacy has established itself as one of Dallas’ leading corporate office hubs, supported by a deep base of major employers and favorable demographic trends, including a