Los Angeles firm bets on Plano

Developer acquires office campus along with 'prime' land
  • Regent's purchase is a sign the firm views Plano as an expanding market.
  • Housing costs in Los Angeles are influencing some companies to move to Texas.
  • The median home price in Torrance, California is nearly three times more than in Plano, Texas.

Affordable housing, the cost of living related to income and proximity to Dallas are all reasons more developers and companies have become attracted to the submarket of Plano. One investment firm counting on other company’s to expand or relocate to Plano is Los Angeles-based Regent Properties. The investment and development firm recently acquired an office/mixed-use campus in the city from Texas Instruments.