California Firm Buys Ex-Texas Instruments Campus In Plano
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PLANO (CBSDFW.COM/AP) — Regent Properties has completed its purchase of the 84-acre former Texas Instruments Inc. campus in Plano.
Los Angeles-based Regent plans to convert the site north of Dallas into an office and mixed-use complex as part of a $120 million redevelopment.
Dallas-based TI had nearly 1 million square feet of buildings at the site, along U.S. 75 and Legacy Drive.
The acquisition was completed in December. Details were announced Tuesday on the project to be known as Legacy Central.
In October, TI beat their third quarter forecasts -- with a profit of $798 million.
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