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7500 Dallas Parkway

Updated Sep 3, 2026

Selerix Signs Long-Term Lease For 28,000-Square-Foot Office In Plano With Landlords Land Legacy LP And Manas Legacy LP
LEASEDOffice

Selerix Signs Long-Term Lease For 28,000-Square-Foot Office In Plano With Landlords Land Legacy LP And Manas Legacy LP

7500 Dallas Parkway

Building Size

28,000 SF

Asset Type

Office

Closing

Aug 31, 2026

About this deal

AI

The property involved in the lease transaction is an office space located at 7500 Dallas Parkway in Plano, TX, with a total size of 28,000 square feet. This asset serves as the headquarters for Selerix Insurance Services, which signed a long-term lease agreement. Selerix is positioned as the largest tenant in the building, occupying a significant portion of the available office space.

Summary of transaction details:

Tim Pratte of Selerix represented the tenant in this transaction, while the landlord was represented by Jared Laake of Bradford Commercial Real Estate Services and Eduardo Gildenson of Gildenson Real Estate. Alan Wood from Site Selection Group acted on behalf of Selerix in finalizing the long-term lease for their expanded headquarters.

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Players

Jared Laake

Bradford Commercial Real Estate Services

Broker

20 deals

Broker

Tim Pratte

Selerix

Tenant

1 deal

Tenant
Bilt advertisement

Plano Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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