Stream adding spec office space in Plano, Irving

PLANO, IRVING – Commercial real estate firm Stream Realty Partners has started the new year with groundbreakings for two North Texas office buildings — one in West Plano and another in Irving.

Stream Realty is building the speculative office projects in two of the busiest office leasing markets in DFW.

The largest of the buildings is a 166,000-sf under construction in Legacy Business Park near the Dallas North Tollway (DNT).

“We broke ground on the first phase of the Platinum Park development and have begun designs on phase two,” said Stream regional managing partner Chris Jackson. The five-story office project is under construction on the west side of the DNT at the southwest corner of Tennyson Pkwy. and Communications Dr.

The Irving project is called Connection Park and is just south of LBJ Fwy., near Freeport Pkwy. The 141,000-sf building is part of a 300,000-sf office park Stream plans to develop on the site.

“The demand for offices with higher density parking and more efficient floor plates is huge in that market,” Jackson said. “The vacancy rates for that product are low.”

tags: office Dallas-Fort Worth-Arlington Market Data Sources.