{"id":1004801866,"date":"2026-06-15T05:23:32","date_gmt":"2026-06-15T13:23:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004801866"},"modified":"2026-06-15T06:14:15","modified_gmt":"2026-06-15T14:14:15","slug":"shorenstein-acquires-274ksf-dfw-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/shorenstein-acquires-274ksf-dfw-office-campus\/","title":{"rendered":"Shorenstein Acquires DFW Office Campus"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a301be34fa2e&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"512\" data-attachment-id=\"1004801746\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/the-tennyson\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/the-tennyson.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"the-tennyson\" data-image-description=\"&lt;p&gt;Image from Yardi Matrix&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The Tennyson was built in 2012. Image courtesy of Yardi Matrix&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/the-tennyson.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/the-tennyson.jpg?w=640\" alt=\"A photo of The Tennyson.\" class=\"wp-image-1004801746\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/the-tennyson.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/the-tennyson.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The Tennyson was built in 2012 and underwent renovations in 2024. <em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Shorenstein Properties has purchased The Tennyson, a two-building, 273,574-square foot office campus in Plano, Texas, from Spear Street Capital. The purchase price was not disclosed.<\/p>\n\n\n\n<p>Newmark arranged the sale on behalf of the seller and arranged the acquisition funding on behalf of the buyer. <\/p>\n\n\n\n<p>The Tennyson was completed in 2012 and underwent significant capital improvements in 2024, including upgrades to the fitness center, lobby, tenant lounge and conference facilities. The campus is fully leased with a weighted average lease term of about 6.6 years, according to Newmark.<\/p>\n\n\n\n<p>Shorenstein Vice President Emily Chou told Commercial Property Executive that the acquisition \u201creflects our top-down strategy of investing in momentum submarkets which are poised for rent growth.\u201d<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO: <\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/how-to-train-the-next-generation-of-brokers\/\">How to Train the Next Generation of Brokers<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>\u201cThe Tennyson is well positioned to benefit from growing submarket demand and strong demographic tailwinds,\u201d Chou added.<\/p>\n\n\n\n<p>She cited the company\u2019s July 2025 <a href=\"https:\/\/www.commercialsearch.com\/news\/shorenstein-buys-bay-area-assets-for-145m\/\">purchase of Sterling Plaza<\/a>, a 19-story, 320,000-square-foot office building in the Preston Center submarket, as another example of the firm\u2019s strategy.<\/p>\n\n\n\n<p>Located at 6105 Tennyson Parkway in Legacy Business Park, the property offers immediate access to the Dallas North Tollway and is within walking distance of Legacy West and The Shops at Legacy.<\/p>\n\n\n\n<p>Newmark Vice Chairmen Chris Murphy, Robert Hill and Gary Carr and Director Austin Sheahan represented Spear Street in the transaction. Executive Vice Chairman Ramsey Daya and Senior Managing Director Andrew Porteous arranged the acquisition financing on behalf of Shorenstein Properties, with support from Vice Chairman Clint Frease, Senior Managing Director Chris McColpin and Director Josh Francis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spear Street Capital sold the property, which was renovated in 2024.<\/p>\n","protected":false},"author":882,"featured_media":1004801746,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21783,21742,21747,51973],"tags":[],"class_list":["post-1004801866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-investment","category-latest","category-office","category-southwest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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