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A.J. Kumaran Of Raising Cane’s Purchases 400,000 Square Foot Office Campus In Plano

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SOLD

Texas

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Office400,000 SF
Sold 08/13/2024
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Property Image
SOLD

A.J. Kumaran Of Raising Cane’s Purchases 400,000 Square Foot Office Campus In Plano

5320 Legacy Drive

See Similar Deals
Office400,000 SF
Sold 08/13/2024
the dealdetailscomps

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:400,000 SF
Transaction Type:Sale

The property asset involved in the transaction is a 400,000-square-foot office campus located at 5320 Legacy Drive in the Plano market. This office space is situated in Plano’s Legacy Business Park and has been acquired for expansion purposes by Raising Cane’s.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 5320 Legacy Drive
  • Market: Plano
  • Square Footage: 400,000
  • Buyer: A.J. Kumaran - Raising Cane’s

A.J. Kumaran, representing Raising Cane’s, indicates that the new location will support the company's rapid growth by housing 480 employees and accommodating up to 1,020 new hires. Plans are in place for the company to move into the new office by 2025.

Details

SOLD
IMAGE: A.J. Kumaran DATE: 08/13/2024 ADDRESS: 5320 Legacy Drive MARKET: Plano ASSET TYPE: Office ~ SF: 400,000 BUYER: A.J. Kumaran - Raising Cane’s (@RaisingCanes) NOTE: Raising Cane’s purchased a 400,000-square-foot office campus in Plano’s Legacy Business Park for expansion, significantly increasing its DFW footprint to support its rapid growth. The new location, formerly part of Ross Perot’s Electronic Data Systems campus, will house 480 employees and accommodate up to 1,020 new hires, with plans to move in by 2025.

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