PLANO, TX—As of the end of first quarter, there was 10.9 million square feet of office space under construction with 54% of that space pre-leased. class-A projects accounted for 10.2 million square feet with half of the construction concentrated in the Upper Tollway/Legacy submarket (5.4 million square feet). Notable deliveries in thus far in 2017 include Legacy West with 377,400 square feet, CoreLogic headquarters with 327,100 square feet, One Legacy West with 307,800 square feet and Hillwood's headquarters with 200,000 square feet, according to Transwestern.

Within Legacy, BroadSoft has leased 35,736 square feet of new office space at Platinum Park. BroadSoft will occupy an entire floor in building one of the 166,324-square-foot class-A master-planned office development, located at 6000 Tennyson Pkwy. The 14-acre development is located on the southwest corner of Tennyson Parkway and the Dallas North Tollway.

It consists of dual five-story buildings totaling 332,000 square feet and 12,000 square feet of restaurant and retail. Adjacent to the site is a 136-room hotel. Platinum Park has ingress/egress, signage opportunities and amenities including a park environment, private courtyard and high-density parking ratio of 4.6:1000 including 2:1000 structured. Platinum Park does not have any exterior columns resulting in view corridors, highly efficient floorplates of 30,000 square feet, a two-story grand lobby, and multiple fiber providers including AT&T and Verizon, GlobeSt.com learns.

Platinum Park is developed, leased and managed by Stream Realty Partners. Stream's executive vice president, Matt Wieser and vice president, Ryan Evanich represented Stream in the transaction. Granville Jenkins with Swearingen represented BroadSoft. Stream's senior vice president, Jerry Mays, managed the construction and interior finish-out of the office space.

“We just completed our amenity package which includes a fitness center, tenant lounge and conference facility in the building,” said Wieser. “These amenities were instrumental in BroadSoft's decision to move to Platinum Park.”

BroadSoft, a technology innovator in cloud communication, collaboration and contact center solutions for businesses and service providers, is relocating from Richardson, TX, GlobeSt.com learns.

Instant Insights /

Half of the Projects are in Upper Tollway/Legacy

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