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JLL Negotiates 78,705-Square-Foot Headquarters Sublease in Plano
DALLAS, Nov. 12, 2014 – JLL today announced the firm has negotiated a 78,705-square-foot long-term sublease at Plano Tower, the former Encana Oil & Gas (USA) Inc. regional headquarters, located in Legacy Town Center at 5851 Legacy Circle in Plano, Texas. Plano-based LegacyTexas Bank will occupy the top three floors of the newly renamed building.
LegacyTexas Bank was represented by Centurion Real Estate Partners’ Managing Partner Ben Sumner. JLL’s Managing Director Greg Biggs, Senior Vice President Doug Carignan, Vice President Torrey Littlejohn and Associate Marc Feldman represented the sublandlord, Encana. The building is owned by American Realty Capital Properties.
LegacyTexas Bank will relocate its commercial banking corporate headquarters to Plano Tower within the next few months. “We were pleased to have added a top-tier tenant like LegacyTexas Bank to our building,” said Biggs. “It’s a trophy building in one of the hottest submarkets in the Metroplex. They found a terrific long-term home for their business that includes an amenity-rich location and convenient accessibility.”
The 12-story, 318,582-square-foot Class A+ property was built in 2012 by KDC Real Estate Development to operate as a single tenant building for Encana. Since then, it has been devised to accommodate multiple users with various real estate requirements.
The building currently has eight remaining floors available with 26,550-square-foot floorplates, access to a seven-story parking garage linked by a sky bridge, state-of-the-art security system and shared conference facility. It’s located in Legacy Town Center North, which is home to some of the most recognized corporate, retail and hospitality brands in the United States.
About LegacyTexas BankLegacyTexas Bank is an independent community bank with $1.8 billion in assets. In business since 1963, LegacyTexas Bank currently has 20 branches throughout Collin, Dallas, Tarrant and Parker Counties. LegacyTexas Group is the financial holding company for LegacyTexas Bank and also includes LegacyTexas Insurance Services and LegacyTexas Title. For more information, visit www.LegacyTexasBank.com.
About JLL JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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