Investor Presentaiton
EDS Legacy Partners
Top 10
Exposures
1.
2.
NexPoint Storage
Partners
NexPoint Homes
3.
NexPoint Real
Estate Finance
4.
EDS Legacy
Partners
5.
IQHQ
6.
INVESTMENT BACKGROUND
EDS Legacy Partners owns the property located at 5400 Legacy Drive in
Plano, Texas. The property is situated on 91 acres and includes ~1.6
million square feet of office space. The campus was built in 1992 and
previously served as the headquarters of Electronic Data Systems (EDS).
INVESTMENT UPDATE
In November, Plano's city council approved the plan to turn the EDS
campus into a new life sciences and medical center. The location
obtained zoning to convert the 1.6 million-square-foot former EDS
campus into a life sciences complex. The 91-acre redevelopment east of
the Dallas North Tollway in Legacy business park could create more
than 2,000 jobs in the first phase. The redevelopment, called the Texas
Research Quarter, could also include 375,000 square feet of new
pharmaceutical manufacturing space, a 300-room hotel and 775
apartments surrounding a nine-acre park.
INVESTMENT HIGHLIGHTS
Initial Investment
% of HFRO
Investment
Investment Type
Industry
2018
6.20%
$64.9M
Debt, Private Equity
Real Estate - Life
Science
QuarterNorth
Energy
NexPoint Hospitality
7.
Trust
8.
CCS Medical
Freddie Mac 21K-
9.
F103
10. Easton Village
Ventures
NOVEMBER 2023
10View entire presentation