A new Plano business campus has landed another major tenant.
Tech firm Ribbon Communications Inc. has leased 107,000 square feet of office space in the Legacy Central project on U.S. Highway 75 and Legacy Drive.
The Massachusetts-based global software company is consolidating several offices from locations including Richardson and Plano into the new building.
“This new lease reinforces our long-term commitment to the Dallas region and provides us with not only a first-class facility that is perfect for retaining and attracting top tech talent, but also an ideal location to host our global customers and partners,” Doug Carles, vice president of global real estate at Ribbon Communications, said in a statement. “In addition to the modern Class-A office space, Ribbon is building out a state-of-the-art R&D lab and customer support center through which multiple products and solutions are developed and supported.
“This facility will allow us to better serve and support our global customer base from one of the most centrally located, vibrant technology hubs in the world.”
Ribbon Communications will join Samsung, Peloton Cycles, Roland Technology Group and Adroit Health Group as a tenant at Legacy Central, which is a redevelopment of the former Texas Instruments campus in Plano.
Los Angeles-based Regent Properties bought the 84-acre property in 2016 and is spending more than $300 million to redo the old tech campus that was built starting in the 1980s.
“We will be almost 65 percent leased with Ribbon and other leases currently in negotiation,” Regent CEO Eric Fleiss said in an email.
Baron Aldrine, Steve Rigby and Layne Mayfield of CBRE negotiated the new lease with Nathan Durham and Duane Henley of Transwestern.
“The exceptional amenities in their new, high-tech space will provide the company with a cohesive environment for their North Texas employees as they continue to grow,” CBRE’s Aldrine said in a statement.